💥😱Eric Trump, Executive VP of the Trump Organization and son of former President Donald Trump, has issued a stark warning to global banks: adopt crypto or face extinction within the next decade. In an interview with CNBC on April 30, he criticized the current financial system as "broken, slow, and expensive," claiming it disproportionately benefits the ultra-wealthy.

“This system pushed me into crypto,” he stated, adding that traditional banks risk becoming obsolete if they don’t adapt. Trump emphasized the advantages of blockchain, criticizing outdated systems like SWIFT, calling it “a disaster,” and claiming blockchain offers faster, cheaper, and more efficient alternatives.

He praised DeFi apps for enabling instant, fee-free wallet-to-wallet transfers, and warned that banks resisting crypto could lose relevance. While some institutions like the Bank of Italy remain skeptical, global momentum appears to be shifting toward adoption, with many experts predicting significant integration by 2025.

Trump's comments come shortly after he promoted USD1, a Trump-backed stablecoin launched in March 2025. Backed by U.S. Treasuries and dollar deposits, USD1 runs on Binance’s BNB Chain, a platform previously criticized for its ties to the Trump family.

Eric Trump previously predicted Bitcoin could hit $1 million per coin, believing governments and institutions will be forced to embrace crypto in order to remain competitive.

#CryptoRevolution #EricTrump #DeFiFuture #BlockchainAdoption

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