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Eric Trump: “Our current financial system, the current Swift system is…”

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 43:06

And your package and the product you bought or your business transaction, I mean it's effectuated immediately. That's modern day finance and it makes a lot of sense. Our current financial system, the current Swift system is broken. And so you're going to see stablecoins not only obviously be reflective of currencies around the world, but you're going to see stablecoins be the rails by which all businesses … (43:06–43:10)

CLAIM

Asserts that the current Swift financial system is broken.

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