Eric Trump has voiced strong support for cryptocurrency, criticizing traditional banking for falling behind the times.
In an April 30 interview, he described the legacy financial system as slow, inefficient, and biased toward the elite—key reasons he says he was drawn to digital assets.
He argued that banks are on a path to irrelevance unless they adapt to blockchain innovation, calling out outdated systems like SWIFT and praising decentralized platforms for offering faster, cheaper, and more transparent alternatives.
Despite skepticism from institutions like the Bank of Italy, Trump sees growing global interest in crypto as a sign that change is inevitable.
Eric’s recent push into the space includes backing a stablecoin called USD1, launched in March 2025 on the BNB Chain and pegged to U.S. dollar reserves.
The move has fueled speculation about deeper ties between the Trump family and Binance, especially following rumors about a possible revival of Binance.US with Trump involvement—claims both Donald Trump and Binance have denied.
Eric Trump had previously predicted Bitcoin could hit $1 million, and his latest remarks suggest he sees crypto as more than a passing trend—he sees it as the future of finance.
Telegram founder Pavel Durov has revealed that he pushed back against pressure from a Western European government to censor political content on the messaging app in the lead-up to Romania’s presidential election.
Michael Burry, the contrarian investor made famous by The Big Short, is once again shaking up markets with a bold repositioning of his hedge fund’s portfolio — this time, leaning heavily into pessimism.
Blockchain development giant Alchemy is expanding its footprint in the Solana ecosystem through the acquisition of DexterLab, a high-performance infrastructure provider trusted by firms like Google, Chainstack, and the Solana Foundation.
Tensions have escalated in the Cardano community following serious accusations against its founder, Charles Hoskinson, regarding the alleged mishandling of over 300 million ADA tokens.