Eric Trump rents digital currencies as a potential survival of the US dollar

Eric Trump said that the growing demand for digital currencies can “save the US dollar” by attracting global investments in the United States, connecting the richness of digital assets with the power of the national currency.

The president’s son – an explicit supporter of digital currencies – said in his interview with the Financial Times this week that the prosperity of digital assets will transfere “billions of low currencies around the world” in the United States. He added that the mining and financial independence of Bitcoin-BTC could trigger a “type of financial revolution” stationed in the United States, stressing “his conviction that this could save the US dollar”.

Eric Trump’s comments occurred a few hours after opening the Nasdaq stock market to celebrate the first appearance of the American Bitcoin on the market, in which it has a part of more than $ 500 million, according to the Financial Times.

For its part, the company was created earlier this year following the merger of the Trump family with Gryphon Digital Mining, and its actions are now negotiated under the ABTC.

The low dollar reflects the prudent federal position and the climbing of debt fears

Eric Trump’s comments arise at a time when the US dollar witnesses a remarkable weakness, because the trade wars that President Donald Trump has led and his repeated conflicts with the Federal Reserve caused anxiety in the hearts of investors.

The Federal also reduced interest rates on Wednesday for the first time this year, which strengthened concerns about inflation and high debt levels that continue to put pressure on the US dollar.

It should be noted that Donald Trump has repeatedly called for the reduction of interest rates since he resumed the presidency, stressing that the United States will benefit more than the weakening of the currency, and has committed to making America a “Crapto capital” in the world, and encouraged the regulations to follow a more flexible approach to digital assets, which contributed to the recording of Bitcoin and digital.

The Trump family has expanded their interests in the world of Chipto from boxes circulating on the Stock Exchange (ETF) with MC currencies and stable currencies

The Trump family’s interest in digital currencies now adapts to Bitcoin ETF Trading Fund – Truth Social – Mi Cresss with Donald and Melania Trump, and a stable currency linked to the media and Trump technology.

During his speech at the Bitcoin 2025 conference in Asia in Hong Kong last month, Eric Trump expected that Bitcoin currency will end up reaching a million dollars, indicating growing demand for this by governments, businesses and rich families, saying: “Everyone wants Bitcoin, and everyone buys it.”

He also described digital currencies as a challenge for Lool Street, expressing his pride in building his businesses without the help of the biggest American banks, as this describes as “final revenge on major and modern financial banks”.

Trump is currently Capital One, accusing him of closing his accounts in 2021 for political reasons, which the bank denies. In the same direction, Trump added that digital currencies have changed the concepts of financial access, saying: “This makes you realize that you do not need it, frankly, you will not miss them”, in a clear reference to the loan to Wall Street.

Trump associations with stable currencies add a political dimension to financial discussion

Stable currencies appear to be one of the points of disagreement between the world of chipo and the banks, as executive officials of American banks have warned that they could drain the deposits if they provide higher yields than savings accounts.

At the same time, the White House encouraged exporters of these currencies – such as Tether and Circle – to buy US cash debt bonds, at a major step to support the bond market with Washington Grillion Dollar of new debts each year.

Eric Trump also contributed to this management last year in the creation of World Liberty Financial Inc, which issues a stable currency linked to the US dollar. The data revealed that President Trump had more than 15 billion in the world’s financiers at the end of 2024, which is equivalent to more than $ 3 billion at its current prices.

Nevertheless, Trump reduced the son with these financial yields, saying: “If my father’s concern was to collect money, the last thing he would do is to come to the presidency, so all we have done is to reduce our financial yields.”

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