Charles Schwab is officially entering the crypto market. During the company’s Q2 2025 earnings call, CEO Rick Wurster announced that Schwab plans to offer spot trading for Bitcoin and Ethereum within the next 12 months. The move comes amid growing investor interest and a more favorable U.S. regulatory environment, positioning Schwab to meet client demand with trusted and secure digital asset solutions.
Strong Q2 Performance Fuels Confidence in Crypto Expansion
Schwab reported impressive financials for Q2 2025, with $5.8 billion in revenue, marking a 25% year-over-year increase. Total assets under management have reached $10.7 trillion, reinforcing Schwab’s position as one of the largest financial institutions in the U.S.
CEO Rick Wurster highlighted the company’s growing confidence in digital assets, pointing to Bitcoin and Ethereum as long-term growth opportunities. He also emphasized that increasing trading activity, net interest income, and rising asset management fees are key factors supporting Schwab’s broader strategy.
Schwab Eyes Stablecoin Launch to Broaden Digital Asset Offerings
Alongside spot crypto trading, Schwab is exploring the development of a stablecoin—a digital token typically backed by a reserve of fiat currency. The firm is considering several paths, including building its own stablecoin, forming partnerships, or leveraging existing blockchain technologies.
While no launch timeline has been confirmed, Schwab’s entry into the stablecoin space reflects a growing trend among traditional financial institutions moving toward blockchain-based services. With clearer regulatory guidance and rising client demand, Schwab is aiming to offer a full suite of digital asset solutions tailored for both retail and institutional investors.
As the firm advances its crypto strategy, investors can expect more announcements in the coming months as Schwab continues integrating digital finance into its platform.
