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Eric Trump Declares Crypto Will Bulldoze Traditional Banking—And He Might Be Right

Eric Trump Declares Crypto Will Bulldoze Traditional Banking—And He Might Be Right

Author:
Cryptodnes
Published:
2025-04-30 14:00:10
20
3

Banks tremble as crypto eats their lunch—again. Eric Trump just threw gasoline on the fire with his latest pro-crypto rant, calling traditional finance ’a relic wearing cufflinks.’

Why it matters: The Trump dynasty’s pivot to digital assets signals a tectonic shift. Legacy institutions either adapt or get replaced by 24/7 decentralized networks that don’t charge $35 overdraft fees for fun.

The kicker: Wall Street’s ’too big to fail’ mantra looks increasingly like ’too slow to survive’ as Bitcoin ETFs outperform their own wealth management products. Maybe spend less on marble lobbies and more on blockchain R&D?

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Eric’s recent push into the space includes backing a stablecoin called USD1, launched in March 2025 on the BNB Chain and pegged to U.S. dollar reserves.

The move has fueled speculation about deeper ties between the Trump family and Binance, especially following rumors about a possible revival of Binance.US with Trump involvement—claims both Donald Trump and Binance have denied.

Eric Trump had previously predicted Bitcoin could hit $1 million, and his latest remarks suggest he sees crypto as more than a passing trend—he sees it as the future of finance.

|Square

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