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Eric Trump: “USD one is just a digital US dollar pegged one to one…”

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

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Eric Trump Touts Bitcoin as New Gold — And Claims Dad Will Lead the Crypto Revolution | NYNext

Published | Video Starts at 28:06

And that's a beautiful thing for our society, that's a beautiful thing for our treasury, it's a beautiful thing for our country. People want the US dollar. So USD one is just a digital US dollar pegged one to one against US dollar backed by Treasuries. and it's been incredibly successful. I'm incredibly proud of it. So Bitcoin is a store of value and USD1 is really kind of the modern banking rails that we're creating. (28:06–28:14)

CLAIM

Asserts that USD one is a digital US dollar backed by Treasuries.

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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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