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Eric Trump declares that SWIFT is obsolete—Crypto is the future

Eric Trump recently stated that the SWIFT system is obsolete and is on the verge of being replaced by cryptocurrency. His remarks in the United Arab Emirates are part of a growing global shift: major financial players like JP Morgan and Goldman Sachs are rapidly expanding their blockchain initiatives. Ripple's XRP is already facilitating hundreds of cross-border transactions, while stablecoins like USD1—backed by the Trump camp—demonstrate how traditional money is being integrated into decentralized finance (DeFi) systems.