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Eric Trump: “You're going to see stablecoins be the rails by which all…”

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 43:15

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 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. (43:15–43:22)

CLAIM

Asserts that stablecoins will become the operational foundation for all businesses.

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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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