#StablecoinPayments Eric Trump Declares SWIf Is Outdated—Crypto Is Taking Over

Eric Trump recently stated that the SWIFT payment system is broken and on its way out, soon to be replaced by cryptocurrency. His remarks in the UAE highlight a growing global trend: major financial institutions like JPMorgan and Goldman Sachs are actively expanding blockchain pilots.

Ripple’s XRP is already handling hundreds of international transfers, and Trump-aligned stablecoins like USD1 suggest a merging of traditional finance with decentralized infrastructure. The shift isn't just about faster transactions—banks are seeking lower fees and modernized systems.