According to a report from CoinWorld, on July 19, Charles Schwab CEO Rick Wurster stated during Friday's financial report conference call that Charles Schwab aims to issue its own stablecoin. Rick Wurster remarked, "Stablecoins could play a role in Blockchain trading, which is exactly what we hope to provide." According to the conference call, the Charles Schwab team is preparing to launch Bitcoin and Ethereum ETF spot trading for clients. The brokerage giant, which manages over $7 trillion in assets, has been cautious in adding encryption investment options to its products. [CoinWorld]

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