Eric Trump Advocates for Cryptocurrency Over Traditional Banking
Eric Trump has positioned cryptocurrency as the inevitable successor to traditional banking, lambasting legacy financial systems for their inefficiency and elitist bias. His April 30 remarks targeted outdated infrastructure like SWIFT, championing decentralized alternatives for their speed, transparency, and accessibility.
The critique aligns with his March-backed stablecoin USD1 launch, signaling a tangible push into crypto amid institutional skepticism. Notably, the Bank of Italy remains wary, but Trump interprets global crypto adoption as an unstoppable shift.