Schwab's Crypto Push: Will XRP, Doge, SHIB Be Included?
Major brokerage firm Charles Schwab announced plans to launch direct spot cryptocurrency trading within the next year. This announcement has generated significant interest within the crypto community, particularly regarding the inclusion of assets such as XRP, Dogecoin, and Shiba Inu.
Charles Schwab Enters the Crypto Market
During its 2025 Spring Business Update, Schwab's leadership confirmed its intention to offer crypto trading services. This shift is attributed to a more positive regulatory environment in the United States. With over $10 trillion in assets under management, Schwab is well-positioned to provide secure access to the crypto markets.
Schwab's interest in digital finance is not new. Earlier this year, the company partnered with Trump Media and Technology Group to launch a fintech venture, Truth.Fi, demonstrating its proactive approach to the crypto space. The anticipation now centers on which cryptocurrencies will be initially supported.
XRP, Dogecoin, and Shiba Inu: Potential Listings
While Schwab hasn't revealed its full list of supported cryptocurrencies, the potential inclusion of XRP, Dogecoin, and Shiba Inu is generating considerable buzz. These three assets boast large, active communities and high trading volumes.
XRP's role in global crypto payment services keeps it in the spotlight. Dogecoin and Shiba Inu, meme coins with significant online presence and growing utility, are also strong contenders. While many platforms initially launched with Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, the market has evolved. Today, many platforms add popular altcoins based on user demand. If Schwab follows this trend, these three tokens could be among the initial offerings.
Crypto Adoption Gains Momentum
Schwab's move is not an isolated incident. Other major financial institutions are expanding their crypto services in 2025. For example, BlackRock added a Bitcoin ETF to its model portfolio earlier this year. PayPal is also partnering with blockchain firms to enhance crypto transaction speeds for its users. Fidelity Investments has filed with the SEC to launch a tokenized U.S. dollar money market fund on the Ethereum network.
Schwab's entry into the crypto market is expected to further accelerate industry adoption and drive further institutional investment into the digital asset space.
Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Conduct thorough research before investing in cryptocurrencies. Codeum is not responsible for any financial losses.