TechFlow news, April 30 — According to Cointelegraph, Eric Trump said in an interview with CNBC in Dubai that global banks must adopt cryptocurrency or disappear within 10 years.
Eric Trump pointed out that the modern financial system suffers from slow operations and high costs, and favors the ultra-wealthy. He criticized the global cross-border payment network SWIFT as a "complete disaster." He stated that users can now instantly transfer funds between wallets via decentralized finance (DeFi) applications or any cryptocurrency app, without incurring additional fees or volatility risks.




