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IBKR supports stablecoin deposits, not only USDC but also USDT, as USDT will be converted to USD through a compliant third party before trading.
The true growth of USDC mainly comes from:
1️⃣ Institutional-grade funds "on balance sheet"
Public companies
FinTech (Stripe, PayPal-like)
Banks' on-chain settlement accounts
👉 Only USDC qualifies
2️⃣ RWA / On-chain securities / T+0 settlement
DTCC
Tokenized Treasury
On-chain stocks, funds
👉 Only USDC qualifies
3️⃣ Payments & Merchant Systems
Shopify
Uber
Cross-border B2B
👉 Mainly USDC qualifies
4️⃣ "Legal stablecoins" after stablecoin legislation
Regulations clearly distinguish:
Payment stablecoin
Crypto-collateral stablecoin
👉 USDT is categorized as "non-preferred category"