Embrace Blockchain, or the Banking Industry Will Be Eliminated!?

Eric Trump, the second son of U.S. President Trump and Executive Vice President of the Trump Organization, stated that banks could face extinction within ten years if they do not embrace blockchain technology. In an interview with CNBC, he pointed out that the modern financial system is inefficient and costly, emphasizing that blockchain can operate more effectively.

He mentioned that the operation of traditional banking, such as SWIFT, has become a disaster. He and his brother, Donald Trump Jr., have been actively involved in cryptocurrency in recent years and recently issued the stablecoin USD1. His interest in cryptocurrency partly stems from his distrust of the traditional financial system, believing that banks have long only served the super-rich and viewing them as a weapon against ordinary people.

He warned that if banks do not adapt to future trends, they will face extinction. Although some large U.S. banks, such as JPMorgan Chase, have been experimenting with blockchain technology, these attempts have not been fully realized due to strict regulations from the Biden administration. The market generally expects that if Trump returns to the White House, policies will change.

As for what to pay attention to on the blockchain, it is noteworthy that SOL has seized the potential of the meme wave! This has created a new wave of memes, and family members with spare cash are also daring to position themselves early in some promising meme coins. Among them, meme coins related to Trump are particularly popular, especially the heroic dog Co nan, backed by Trump's strong IP and active community. Recently, its market value once surpassed the $10 million mark, and has slightly adjusted to about $7.4 million, making it a great opportunity for entry and replenishment. In terms of the number of holders, it has exceeded 12.7K and continues to grow, with great potential to become a dark horse in a bull market in the future!

If anyone wants to gain further insights into the development of the entire cryptocurrency space and the meme sector, feel free to join the discussion at Meme交流區!

$SOL $XRP $BNB

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