Eric Trump warns Bitcoin’s low transfer fees threaten financial institutions

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Eric Trump says Bitcoin can transfer substantial sums for almost no cost, including on Sunday nights when traditional banks are closed. In interviews during November 2025, he cited a $500 million Bitcoin transfer and another transfer of $1 million that could be completed within seconds. He presents this model as a direct threat to banks, which he accuses of being inefficient and of adding intermediaries to collect more fees. He is also the co-founder of Nasdaq-listed American Bitcoin Corp., ticker ABTC, and is involved with World Liberty Financial, which offers the USD1 stablecoin, aligning his commercial interests with his advocacy of Bitcoin.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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