Futu Securities Integrates Stablecoin Deposits for Stock Investments

What to Know:
  • Futu Securities enables stablecoin deposits for stock trading.
  • Use of USDT and USDC for direct stock investments.
  • Increased stablecoin integration in traditional finance.
futu-securities-integrates-stablecoin-deposits-for-stock-investments
Futu Securities Integrates Stablecoin Deposits for Stock Investments

Main Content

Futu Securities Expands to Stablecoin Stock Trading

Futu Securities is expanding its offerings to include stablecoin deposits for stock investments. This enhancement allows users to directly invest in stocks using popular stablecoins USDT and USDC. Futu Securities, led by CEO Leaf Hua Li, is initially supporting this feature through its Hong Kong platform.

No official statements have yet been issued by the company, except confirmations on the product page.

Stablecoin Integration to Attract New Market Participants

The introduction of stablecoins like USDT and USDC for stock trading may attract new investors to the market and provide liquidity to the trading platforms. This integration could enhance market efficiency and increase stablecoin acceptance in financial systems, aligning with global trends toward digital asset inclusion in investment strategies.

No Historical Precedent in Hong Kong for Stablecoin Use

No direct precedents exist in Hong Kong or US brokerages using stablecoin deposits for stock investments. This places Futu at the forefront of a potential trend. Stablecoin usage in financial markets could become mainstream by 2025, driven by regulatory frameworks and increased adoption, potentially influencing brokerage strategies globally.

“We expect 2025 to be ‘The year of the payment stablecoin,’ potentially creating new opportunities for a wide range of market participants.” – Leaf Hua Li, CEO, Futu Securities, Deloitte
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.

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