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Eric Trump: “I think USD1's going to win the day.”

Featuring: Eric Trump, Executive Vice President of the Trump Organization | National

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Why Eric Trump Wants to Make Big Banks 'Irrelevant' | CoinDesk Spotlight

Published | Video Starts at 43:34

… are operated on again, circumventing the banks, circumventing credit cards, substantially lowering fees, substantially lowering the dilution of money. And that's happening and that's being embraced very, very quickly. So I think USD1's going to win the day. I think there were other great stablecoin projects, no question. Tether's done an unbelievable job and they're doing phenomenally. I think this is all good for the United States of America. (43:34–43:37)

CLAIM

Asserts that USD1 stablecoin will prevail in the market.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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