Stablecoins: The New Ego Trip of the Financial Elite? 😏

From a client’s perspective, Schwab’s stablecoin is as necessary as a third act in a Dostoevsky novel-intriguing but ultimately unnecessary. Schwab customers already have fiat rails smoother than a St. Petersburg ballroom floor. So why the fuss? Because, my dear reader, in today’s markets, perception is product, and reputation is strategy. Schwab isn’t just launching a coin; it’s launching a narrative. 🎭




