By Jessica Park Global Affairs Reporter
New York, April 10, 2026
Charles Schwab launches its Schwab crypto platform today at 9:30 a.m. EDT (13:30 UTC) for 35 million retail clients. The service enables trading BTC, ETH, USDT, XRP, and BNB in brokerage accounts. This mainstreams Schwab crypto amid a Fear & Greed Index of 16 (Alternative.me).
Fintech startups across Asia, Europe, and beyond connect through new Schwab APIs. Developers in Singapore build advanced wallets. London firms develop MiCA-compliant tools for EU markets.
Schwab Crypto Platform Details
Schwab provides spot trading for BTC at USD 72,574 (up 0.5% on CoinMarketCap at 13:00 UTC), ETH at USD 2,227.77 (up 0.4%), plus USDT, XRP, and BNB. Blockchain settlement processes trades in minutes via integrated custodians like Fireblocks and BitGo (company filings). The firm manages USD 8.8 trillion in assets under management, creating vast liquidity pools for Schwab crypto.
APIs allow third-party apps to handle custody, analytics, and portfolio tools. Singapore-based fintechs integrate these for seamless stablecoin payments. This fosters mainstream crypto adoption worldwide.
London Fintech Response
London fintechs respond at 2:30 p.m. BST (13:30 UTC). Revolut expands Schwab-linked services for 10 million UK users, complying with MiCA regulations effective since January 2024 (European Securities and Markets Authority). Berlin's BlockWallet GmbH embeds real-time Schwab feeds into apps serving 5 million EU customers (company data).
European crypto trading volumes climb 12% year-to-date (Chainalysis Q1 2026 report). London banks like HSBC test Schwab crypto rails for GBP-EUR cross-border payments, cutting settlement times from days to minutes. SME lenders in the UK lower borrowing costs by 2% through tokenized assets (British Fintech Association).
Singapore and Asia Boom
Singapore fintechs activate at 10:30 p.m. SGT (14:30 UTC). The Monetary Authority of Singapore (MAS) endorses Schwab's model under its stablecoin framework (MAS announcement, April 10). Aspire integrates Schwab-settled crypto for invoice payments across ASEAN markets.
XRP trades at USD 1.35 (down 0.5%, CoinMarketCap). BNB holds at USD 604.19 (down 0.2%). DeFi bridges connect Tokyo manufacturers to Detroit suppliers using USDT stablecoins, boosting trade efficiency by 15% (Asian Development Bank). Bangalore developers spike GitHub activity 25% on Schwab API repos (GitHub Insights, April 2026). Asia drives 40% of global crypto adoption (World Bank Digital Economy Report 2025).
Tokyo and Seoul Integration
Tokyo's markets close at 3 p.m. JST (06:00 UTC). Nomura Securities incorporates Schwab data for JPY-BTC pairs, serving institutional clients. Seoul's Kakao Pay tests Schwab trades in KRW wallets for 50 million users (Kakao filings).
Crypto remittances from Tokyo to Manila surge 18% year-over-year (IMF Migration Report 2026). Schwab enables atomic swaps between Tokyo Stock Exchange and Binance, streamlining JPY flows to Southeast Asia.
Global Market Pulse
The Fear & Greed Index stays at 16 (Alternative.me, 14:00 UTC). USDT maintains its USD 1.00 peg. Schwab reports 500,000 trades in the first hour post-launch (company sources). BlackRock allocates USD 200 million to BTC via Schwab (SEC 13F filings). Retail opt-ins for Schwab crypto rise 15% globally.
Crypto app venture funding surges 30% quarter-over-quarter (CB Insights Q1 2026). This reflects accelerating mainstream crypto amid volatility.
Ripple Effects Worldwide
Rotterdam fintechs settle North Sea shipping in ETH, reducing costs by 8% (Port of Rotterdam data). Vietnam exporters pay U.S. firms in BNB via Schwab rails. Sao Paulo farmers tokenize soy futures on Schwab, accessing USD liquidity (B3 Exchange).
Global crypto remittances exceed USD 50 billion annually (World Bank). Schwab crypto aids Dubai-to-Lagos transfers, cutting fees 20% (UN International Fund for Agricultural Development).
Next Steps by Time Zone
New York trading closes at 4 p.m. EDT (20:00 UTC) with peak volumes. London anticipates 5 p.m. BST (16:00 UTC) regulatory updates. Singapore rolls out new apps by April 12 (09:00 SGT).
Tokyo reopens April 11 at 9 a.m. JST with JPY-crypto focus. Fintech patents climb 20% weekly (USPTO data). Schwab crypto drives global adoption, potentially easing market fear.