Eric Trump Warns Banks to Embrace Crypto or Face Obsolescence
Eric Trump, son of US President Donald Trump and executive vice president of the Trump Organization, shares his plans to launch a U.S. dollar-backed stablecoin through World Liberty Financial, alongside raising a warning for the banks to adopt crypto.
The global banking sector faces obsolescence, according to Jr. Trump, who addressed the audience from Dubai, UAE, in a strong warning. From his CNBC interview with Dubai Trump Organization Jr. Trump declared both the existing financial system and antiquated status, along with cryptocurrency and blockchain technology, as the financial industry’s future.
The United Arab Emirates (UAE ) establishes its position as a worldwide leader in crypto innovation at the same time when Trump…
