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Charles Schwab is considering launching its own stablecoin, joining a growing list of traditional finance firms exploring digital assets. The move comes as the brokerage prepares to offer spot Bitcoin and Ethereum ETFs to its clients.
- Schwab plans to offer spot Bitcoin and Ethereum ETFs alongside its stablecoin exploration.
- The U.S. stablecoin market is set for regulatory clarity with the upcoming Genius Act.
- Traditional finance giants like Citigroup and JPMorgan are also entering the stablecoin space.
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Other Tags: Tether (USDT), USDC, Charles Schwab, JP Morgan, Rick Wurster, Standard Chartered, Citigroup, Bitcoin ETF, Ethereum ETF