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![martypartymusic Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::22506165.png) MartyParty [@martypartymusic](/creator/twitter/martypartymusic) on x 222.3K followers
Created: 2025-07-20 03:43:55 UTC

$XX trillion Charles Schwab @CharlesSchwab CEO says they will launch crypto trading "sometime soon" and will be competing directly with @coinbase 

Charles Schwab, managing over $XX trillion in assets, plans to launch spot crypto trading soon, with CEO Rick Wurster confirming the move in a July 18, 2025, CNBC interview. The firm aims to compete directly with Coinbase, targeting clients who hold 1-2% of their crypto assets on other platforms but prefer to consolidate with Schwab for trust and convenience. Currently, Schwab clients hold $XX billion in crypto-linked products, about XXX% of the firm’s $XXXX trillion in assets. The launch, expected by April 2026, aligns with a favorable regulatory shift, including the GENIUS Act signed into law on July 18, 2025, which supports stablecoin frameworks. Schwab also plans to introduce a stablecoin, further expanding its crypto offerings.


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**Related Topics**
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[charles schwab](/topic/charles-schwab)
[stocks financial services](/topic/stocks-financial-services)
[coinbase](/topic/coinbase)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

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