Will cryptocurrency disrupt the traditional banking system!?
At the Token 2049 conference in Dubai, Eric Trump strongly criticized the traditional banking system, calling it "outdated and corrupt," and claimed that cryptocurrency will replace large banks. He introduced his financial project "World Liberty Financial" and the stablecoin "USD1," emphasizing that blockchain can fundamentally change the financial world and solve long-standing problems such as opacity and insufficient accessibility.
Eric shared his family's experience of being "blocked" by financial institutions, which gave him a deep understanding of the fragility of traditional finance, pointing out that the system only benefits a select few. He announced that there will be a $2 billion investment project settled in "USD1" and that future real estate projects will also accept Bitcoin payments, showing his expectations for blockchain.
He promised that "USD1" will adhere to the highest standards of transparency, with one-to-one backing by short-term U.S. Treasury bonds and cash equivalents, striving to become the most transparent stablecoin in the world. Eric finally stated that the Middle East will become a new starting point for financial innovation, calling for an improved user experience in the crypto world to make cryptocurrency easier to use.
At the same time, the growth potential of SOL cannot be overlooked! SOL has already seized the potential of the meme wind, creating a new wave of memes, and those with spare cash are daring to invest early in some promising meme coins. Among them, the meme coin related to Trump is particularly popular, especially the heroic dog Co nan, which is backed by Trump's strong IP and active community. Recently, its market cap once broke the $10 million mark, and now it has slightly adjusted to about $6.8 million, making it a great opportunity to invest and accumulate. The number of holders has exceeded 13.2K and continues to grow, making it highly potential to become a dark horse in the bull market!
If everyone 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 $SUI $ETH
