Charles Schwab plans spot Bitcoin and Ethereum trading, highlighting $12T reach
Charles Schwab, which manages nearly $12 trillion in client assets, says it plans to launch spot Bitcoin and Ethereum trading this quarter while offering early access via a "Schwab Crypto" waitlist. The move is framed as a step toward bringing crypto into the same brokerage workflow used for stocks and ETFs, potentially amplifying institutional participation. Meanwhile, stablecoin growth continues to underpin DeFi liquidity, with total stablecoin market cap up 3.3% year-to-date and more than $1 billion added this week.