What do you think 👀👀🔥 Is it going to make banks disappear?
A former Citibank executive is now promoting the adoption of cryptocurrencies... 😳
🚨 Former Citibank executive claims that traditional banks have "already lost the race against cryptocurrencies" 🚨
The former head of innovation at Citibank, Tony McLaughlin, shocked many by stating that current banking systems are completely outdated compared to the speed, transparency, and efficiency of public blockchains.
🔹 He believes that CBDCs and tokenized stablecoins will be the only way banks can survive.
🔹 He warns that traditional finance is "stuck in a 70s infrastructure".
🔹 He emphasizes that blockchains like Ethereum, XRP, and Solana are paving the way for global programmable money.
👉 Meanwhile, capital continues to flow towards ETH ETFs, and institutions are seeking options outside the traditional banking system.
📌 Could this be the beginning of the end for banks as we know them?
