Stablecoin to buy US stocks? Online brokerages are invading the crypto world: Futu Securities reveals testing of stablecoin deposit feature.

As traditional finance and the encryption sector increasingly converge, online brokers are also accelerating their layout. Recently, Hong Kong broker Futu Securities was revealed to be internally testing a deposit function that supports stablecoins, with users expected to be able to directly participate in trading US stocks, Hong Kong stocks, and Japanese stocks using USDT and USDC. This initiative not only signals the countdown to brokers entering the crypto world but may also spark a revolution in global financial infrastructure.

Futu Securities opens stablecoin deposit for internal testing, seamless trading of US, Hong Kong, and Japanese stocks.

Market observer AB Kuai.Dong revealed this morning that Futu Securities (NASDAQ:FUTU) has launched internal testing for the token deposit feature, initially supporting mainstream stablecoins such as USDT and USDC.

The Futu Securities is coming, and the token deposit page that is currently in internal testing is expected to be officially announced in the next few days. The first phase will support deposit of USDT / USDC stablecoins, allowing direct trading of US, Hong Kong, and Japanese stocks. The functionality is relatively simple, as it only adds the cryptocurrency section to the existing integrated account.

Internet brokers are making a large-scale entry into the crypto world and the countdown to accessing stablecoins.

— AB Kuai.Dong (@_FORAB) May 7, 2025

The screenshot shows that users can also directly recharge their accounts with mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which can then be further used for trading in the traditional stock market. He commented: "The operating experience is comparable to Binance, and the speed is very fast."

Chinese users may find it difficult to participate, and tax issues and liquidity become concerns.

Even with mature technology, regulation remains a significant variable. Comment users speculate that this feature may only be available to users in Hong Kong and overseas, while accounts with Chinese identities may not be able to activate it. After all, locals still cannot purchase Bitcoin ETFs, indicating that regulatory policies limit the development of functions, creating a financial technology gap between regions.

( Hong Kong Financial Secretary: Committed to creating a regional cryptocurrency hub, with tax-free profits to attract foreign investment )

Some users have also raised potential risks and concerns, including whether there will be tax adjustments for stock trading done with stablecoin deposits, as well as liquidity and depth issues that are of greatest concern to large investors, all of which could affect actual usage rates.

New Power Engine: How Stablecoins are Reshaping the Global Investment Market?

Stablecoins like USDT and USDC, which are pegged to fiat currencies such as the US dollar, have more stable prices, becoming a bridge between the crypto and financial worlds. Futu's move is precisely embracing this trend, rapidly converting digital assets into operational funds, enhancing user experience and capital efficiency. In the future, users can expect to easily transfer from the blockchain to the securities market, facilitating smooth capital flow.

(One dollar turns into two? How do stablecoins quietly replicate the US currency system, alleviating debt pressure while printing money? )

In addition, the entry of online brokerages into the crypto world will accelerate the mainstream adoption of encryption assets. Stablecoins have low-cost cross-border characteristics, which not only enhance capital efficiency but may also attract more traditional investors to try digital assets.

At that time, the role of brokers may also transform from intermediaries to diversified asset integration platforms, redefining the boundaries of finance.

Many online brokers are actively following up, will encryption features become the new standard?

Futu Securities is not the only brokerage exploring the integration of stablecoins; many institutions around the world are also actively engaged in the development and application of related functions:

Victory Securities: As the first licensed broker in Hong Kong to support stablecoin deposit, it opened the deposit function for USDT and USDC on its VictoryX App last June, and plans to launch a "flash exchange" service for fiat-to-coin conversion.

Coinbase in the United States: Not only intends to apply for a federal banking license, but also is working to promote the compliance implementation of security tokens, bridging the gap between TradFi and encryption.

UK Archax: Launched stablecoin yield services under FCA regulation, allowing investors to convert stablecoins into rewarding assets.

Robinhood: Collaborating with Paxos to launch the stablecoin USDG, attempting to create a cross-platform stablecoin network to compete with existing stablecoins.

These trends indicate that stablecoins are rapidly becoming key assets that traditional brokers and fintech companies are competing to integrate, and they may change the fundamental landscape of global financial capital circulation and settlement.

From stablecoin deposits to on-chain settlements, the transformation of brokerages has only just begun.

Futu is just the beginning; in the future, it is expected that more brokerage firms will gradually enter the encryption field, including functions such as asset pledging, on-chain trading settlement, and even issuing their own stablecoin. This wave of financial innovation will not only significantly integrate cryptocurrency into the traditional capital market but also open up more asset allocation options for global investors.

( Bring US stocks and ETFs on-chain! Ondo founder Allman: Brokerages are competing to collaborate, BlackRock and Goldman Sachs will participate in governance verification ).

Behind Futu Securities' launch of stablecoin functionality is the transformation of the entire financial market landscape. At the intersection of tradition and innovation, regulatory policies, market demand, and technological development will jointly shape the future of finance. The next brokerage firm to enter the crypto world may be just around the corner.

This article discusses stablecoin purchases of US stocks? Online brokerages are rushing into the crypto world: Futu Securities exposes the testing of stablecoin deposit functionality, first appearing in Chain News ABMedia.