TechFlow, July 19 — According to Decrypt, Charles Schwab CEO Rick Wurster said during Friday's earnings call that the company hopes to launch its own stablecoin. "Stablecoins are likely to play a role in blockchain transactions, and that’s something we want to be able to offer," Wurster stated. The call revealed that Charles Schwab's team is preparing to launch spot trading of Bitcoin and Ethereum ETFs for clients. The brokerage giant, which manages over $7 trillion in assets, has remained cautious about adding cryptocurrency investment options to its product offerings.
Add to Favorites
Share to Social Media
