Eric Trump Urges Banks to Embrace Crypto or Face Oblivion

Eric Trump, son of US President Donald Trump and executive vice president of the Trump Organization, is advocating for widespread adoption of cryptocurrency. He announced plans to launch a U.S. dollar-backed stablecoin through World Liberty Financial and has issued a stark warning to traditional banks: embrace crypto or face obsolescence. His remarks were delivered during an audience appearance in Dubai, UAE, where he emphasized the future of finance lies with blockchain technology and cryptocurrency.