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Tastytrade announces stablecoin funding for brokerage accounts , allowing investors to deposit USDC, USDT, PYUSD, and RLUSD anytime

July 22, 2025 //  by Finnovate

Tastytrade has introduced instant stablecoin funding for its brokerage accounts, allowing investors to deposit USDC, USDT, PYUSD, and RLUSD anytime. The brokerage said the stablecoin option will help reduce friction in moving funds across borders, particularly for traders outside the United States. Under the new setup, stablecoins are reportedly automatically converted to U.S. dollars and swept into customer accounts using Zerohash’s infrastructure. This eliminates the need for Tastytrade to manage crypto custody or interact with blockchain systems directly. The company said the offering is available globally and will operate 24/7, removing bottlenecks caused by currency conversion, banking hours, and multi-day settlement cycles. The new feature is powered by blockchain infrastructure provider Zerohash. “The upside of stablecoin account funding is massive: speed, simplicity, and global reach,” commented Pete Mulmat, CEO of IG North America, the parent company of tastytrade. “We can now move money across jurisdictions in seconds, cut out costly intermediaries, and offer a frictionless experience for our customers around the world.” Mulmat added that stablecoins could help meet the needs of a market increasingly oriented toward continuous global trading. “In a market that’s moving towards 24/7 global trading, account funding shouldn’t be a barrier to getting started with trading,” he said.

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Category: Asset & Wealth, Innovation Topics

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