In an interview on CNBC, Eric Trump predicted that cryptocurrency will surpass traditional banking systems within a decade, arguing for significant change in the U.S. financial system. This bold prediction reflects growing pressure on banks to adapt to digital finance as seen by industry investments in blockchain technology and responses to crypto’s potential disruptions. Eric Trump has been vocal about his support for cryptocurrency, specifically highlighting its ability to challenge the outdated, expensive, and restrictive nature of the U.S. banking system. His administration has taken a pro-crypto stance, influencing regulatory changes to accommodate digital assets. The Trump administration is actively pushing for blockchain technology to replace traditional financial systems like SWIFT network, which is inefficient according to Eric Trump. This move reflects a wider trend in the industry with banks like JP Morgan and Goldman Sachs exploring blockchain initiatives to adapt to crypto integration. With his bold prediction, Eric Trump’s endorsement of cryptocurrency further highlights its potential to reshape financial norms as banks race to adapt.