Eric Trump Warns Banks Could Be ‘Extinct in 10 Years’ Without Crypto Adoption


#EricTrump has warned that traditional banks risk extinction within a decade unless they adopt cryptocurrency. Speaking to CNBC, he criticized the financial system as “slow, expensive, and broken,” calling SWIFT “an absolute disaster.”


A vocal #crypto advocate, Trump said #DeFi apps now offer faster, cheaper alternatives to banks.


His comments follow his recent endorsement of a stablecoin, $USD1. Banks, he said, must adapt or be overtaken by decentralized technologies.

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April 30, 2025 at 2:57 PM
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