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Home/Markets & Investing/CHARLES SCHWAB · STABLECOIN US LEGISLATION

Charles Schwab's record trading volume drives 16% revenue surge

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Theo Vane

Charles Schwab · Apr 16, 2026

Charles Schwab's record trading volume drives 16% revenue surge

Source: DojiDoji Data Terminal

Schwab shareholders receive a 19% increase in the quarterly common stock dividend, raising the payment to $0.32 per share. This payout follows a record first-quarter revenue of $6.5 billion, up 16% year-over-year. The growth was driven by a record 9.9 million daily average trading volume, a 34% increase over the first quarter of 2025. This surge in activity increased trading revenue by 20%.

Related Brief7h ago
cryptocurrency etfs

Goldman Sachs Bitcoin ETF Caps Upside for Monthly Yield

Investors in the proposed Bitcoin Premium Income ETF will receive monthly income distributions but will be capped on potential profits during periods of significant price appreciation. Goldman Sachs Asset Management filed for the fund on April 14, 2024. To generate yield, the fund sells call options on 25% to 100% of its spot Bitcoin exposure. The premiums collected from these options are distributed to investors as monthly income. The fund allocates at least 80% of net assets to spot Bitcoin ETPs, derivative contracts, and other Bitcoin-linked instruments. To navigate regulatory restrictions on direct commodity holdings, the bank structured the ETF through a Cayman Islands subsidiary. Investors maintain downside exposure to the price of Bitcoin.

Clients brought in $140 billion in net new assets during the quarter. Excluding a planned mutual fund clearing deconversion that resulted in $17.5 billion in outflows, net new assets would have been $157.5 billion. The firm added 1.3 million new brokerage accounts, bringing the total active brokerage accounts to 39.1 million.

Related Brief1d ago
earnings report

Schwab's revenue growth is slowing, but the real risk is its track record of missing forecasts

Charles Schwab has missed Wall Street’s revenue estimates multiple times over the last two years. The company is entering earnings with a gap between its current share price ($98.63) and the average analyst price target ($116.85). Analysts expect Schwab's revenue to grow 15.9% year on year this quarter, a slowdown from 18.1% growth in the same quarter last year. The company missed revenue expectations last quarter, reporting $6.34 billion in revenue, up 18.9% year on year. Charles Schwab will report earnings tomorrow before market open.

GAAP net income for the quarter rose to $2.48 billion, compared to $1.91 billion a year earlier. Adjusted earnings per share of $1.43 beat the Wall Street consensus of $1.39. The company closed its acquisition of Forge Global in early March.

Related Brief2h ago
stablecoins

Tether’s $134M Bet on SDEV Isn’t About Speculation—It’s About Building the Rails for 570 Million People to Use Digital Dollars Daily

Stablecoin transaction volumes have already surpassed $33 trillion—more than Visa and Mastercard combined. For over 570 million people, Tether’s USDT isn’t speculative; it’s how they move, hold, and spend money. The $134 million financing round closed by Stablecoin Development Corporation (SDEV) in January 2026 isn’t about price swings or trading hype. It’s about building the infrastructure those users depend on. Tether Investments joined R01 Fund LP, Framework Ventures, and Sky Frontier Foundation in the private placement, directing capital toward hardening the rails that carry digital dollars across borders and blockchains. The proceeds allowed SDEV to acquire more than 2 billion SKY tokens and scale its role as an on-chain holding company. SDEV, which rebranded from NovaBay Pharmaceuticals and switched its ticker to SDEV in early April 2026, now serves as a public-market conduit to the stablecoin economy—offering institutional and retail investors regulated exposure to a sector that moves $300 billion in circulating value. Tether’s participation signals more than financial backing. It reflects a strategic push toward reliability and usability. That same month, Tether launched tether.wallet, its first self-custodial wallet for retail users, stepping directly into competition with MetaMask, Trust Wallet, and Phantom. The move marks a shift from being purely a settlement layer across 160 countries to becoming a consumer-facing platform. As regulatory clarity improves in key markets, the focus is no longer on whether stablecoins will be accepted—it’s on whether the infrastructure can sustain daily, global financial demand. Paolo Ardoino, Tether’s CEO, put it plainly: the next phase isn’t innovation for its own sake. It’s about systems that make digital dollars practical for everyday life, especially where traditional finance fails. Robust infrastructure enables that. And now, it has $134 million more to build it.

Charles Schwabstablecoin US legislation

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