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Tastytrade Announces Stablecoin Funding for Brokerage Accounts

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.

In March, Tastytrade expanded its crypto offering by partnering with infrastructure provider Zero Hash. The
company added Bitcoin, Ethereum, Litecoin, Dogecoin, Solana, and Ripple. The platform also announced plans to add support for Pepe, Stellar, Tezos,
Sui, and Aptos.

Stablecoin Infrastructure Now Live on Tastytrade

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.

Peter Mulmat: Source LinkedIn

“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.

Zerohash Expands Role in Stablecoin Adoption

Zerohash, which also supports stablecoin
infrastructure for firms such as Stripe, Kalshi, and Franklin Templeton, said
the partnership with Tastytrade reflects growing interest in blockchain rails
for financial services.

The move comes as brokerages and financial platforms
explore ways to streamline onboarding and eliminate reliance on slow and costly
legacy banking systems.

Expect ongoing updates as this story evolves.

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.

In March, Tastytrade expanded its crypto offering by partnering with infrastructure provider Zero Hash. The
company added Bitcoin, Ethereum, Litecoin, Dogecoin, Solana, and Ripple. The platform also announced plans to add support for Pepe, Stellar, Tezos,
Sui, and Aptos.

Stablecoin Infrastructure Now Live on Tastytrade

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.

Peter Mulmat: Source LinkedIn

“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.

Zerohash Expands Role in Stablecoin Adoption

Zerohash, which also supports stablecoin
infrastructure for firms such as Stripe, Kalshi, and Franklin Templeton, said
the partnership with Tastytrade reflects growing interest in blockchain rails
for financial services.

The move comes as brokerages and financial platforms
explore ways to streamline onboarding and eliminate reliance on slow and costly
legacy banking systems.

Expect ongoing updates as this story evolves.

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