Eric Trump Expects Crypto Market To Replace Banks in 10 Years

Quick Summary:

Eric Trump, son of US President Donald Trump and executive vice president of the Trump Organization, is warning about banks’ extinction within a decade if they fail to embrace crypto.

In a CNBC interview on April 30, Eric Trump hinted at the potential fall of traditional banks and the growth of the crypto market.

In addition, he slammed existing cross-border transaction solutions like SWIFT, citing their slow transaction speeds.“SWIFT is an absolute disaster,” condemned Eric.

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: IndiaUnited States

Topics: Banking Blockchain Trump Banks Global President Crypto Adopt Eric Market System

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 10:48:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28297457

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

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News Last Updated: 8 hours ago

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