Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

Charles Schwab, managing 10.7 trillion USD in assets, is set to offer spot trading for Bitcoin and Ethereum. CEO Rick Wurster highlighted that this move addresses the growing interests in digital assets and is critical for the company’s future growth.

Alongside cryptocurrency trading, Schwab aims to introduce stablecoin services. Wurster noted that regulatory changes play a crucial role in the timing of this launch, with expectations of implementation within the next 12 months.

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