First the IC cable is not approved to be used as an equipment grounding conductor by any recognized third party testing laboratory. NONE.
This is exactly how more than half the source equipment that use earth figure eight two pin mains cable get their earth reference, via the interconnect.
We in Australia have one of the most stringent mains safety rules and regulations as we are 240v (lethal), nearly our sources have their mains reference given by the interconnect, and guess what we don't have many earth hum noise problems, because we don't get many ground loop issues.
We may get a earth loop problem when two mono blocks poweramps amps each have earths and are plugged into different power points who's earths take different routes around the house, this can sometimes create a loop, usually then one is floated (not ideal I admit) or we get longer leads and plug then both into the same power point.
Cheers George