According to Eric Balchunas, Schwab's potential entry into the crypto exchange market presents a significant opportunity to disrupt existing platforms by offering lower trading fees. Balchunas emphasized that Schwab is unlikely to charge high fees, which could pressure established crypto exchanges to reduce costs for traders. This move could increase competition, improve liquidity, and potentially drive higher trading volumes across major cryptocurrencies. Source: Eric Balchunas (@EricBalchunas) on Twitter, May 16, 2025.