Charles Schwab, a major brokerage firm in the United States, has announced plans to start direct spot crypto trading within the next 12 months. This news has sparked interest among crypto enthusiasts, especially for assets like XRP, Dogecoin, and Shiba Inu, as the firm aims to tap into the growing digital asset market.
Charles Schwab and the Crypto Push
During its 2025 Spring Business Update, Charles Schwab’s leadership made it clear that the company is moving towards offering crypto trading services.
As Nate Geraci shared on X, the firm pointed to a more promising regulatory outlook in the United States as one of the key reasons behind this shift. With over $10 trillion in assets under management, Schwab believes it is in a strong position to offer reliable access to crypto markets.
It is important to add that the firm has been making its interest known in digital finance. Earlier this year, the firm partnered with Trump Media and Technology Group to launch a fintech venture named Truth.Fi.
This move showed that Charles Schwab is not only watching the crypto space but actively preparing to enter it. Now, attention is on which digital asset will be available once trading begins.
The Place of XRP, Dogecoin and Shiba Inu
Although the company has not released a full list of coins it plans to support, interest is building around the possibility that it may include XRP, Dogecoin, and Shiba Inu. Based on their market outlook, these three cryptocurrencies are backed by strong user communities and high trading volumes.
XRP, in particular, has remained in focus due to its role in global crypto payment services. With the influence of Elon Musk, Dogecoin and Shiba Inu, both meme coins, have built wide audiences online and utility.
It is important to state that in past rollouts by financial firms, support usually began with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. However, the market has changed over the past few years.
More platforms are adding popular altcoins based on user demand. If Schwab follows this path, these three tokens might become part of its offerings from the very beginning.
Crypto Goes Mainstream with Charles Schwab
Charles Schwab is not the only large firm stepping into crypto in 2025. Other well-known companies in finance and payments have already expanded their crypto services this year.
For example, investment management company BlackRock added a Bitcoin ETF to its model portfolio in February. Meanwhile, global payment platform PayPal also partnered with a blockchain firm to enable faster crypto transactions for its users.
CoinGape also reported that Fidelity Investments filed with the U.S. Securities and Exchange Commission to launch a tokenized U.S. dollar money market fund on the Ethereum network. The entrance of Charles Schwab into the scene is expected to push even more companies into the space.
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