Eric Trump Predicts Demise of Banks Resistant to Crypto Adoption
Eric Trump has issued a stark warning to traditional financial institutions, declaring that banks failing to embrace cryptocurrency will face obsolescence within a decade. The statement aligns with the Trump family’s recent foray into decentralized finance through their World Liberty Financial DeFi project.
The critique targets legacy banking systems as "broken, slow, and expensive" during a CNBC interview. This perspective reflects growing institutional recognition of digital assets, amplified by the Trump administration’s pro-crypto stance. market observers note the comments arrive as regulatory clarity improves and institutional adoption accelerates.