- Trump Jr.’s rumored XRP move sparks speculation across crypto markets.
- Expert highlights XRP’s growing role in global financial transactions.
- Eric Trump slams SWIFT, praises crypto as faster payment solution.
Rumors surrounding Donald Trump Jr.’s potential investment in XRP have captured the attention of investors and analysts alike. Reports suggest that the Trump family may be exploring opportunities in the XRP ecosystem, raising speculation of a significant endorsement for Ripple’s technology.
Sal Gilbertie, CEO and Co-founder of Teucrium Trading, claims that institutional interest in digital assets is new. He observed that, unlike Bitcoin, which remains the most popular store of value, XRP stands out because of its practical uses in cross-border payments and financial services.
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Institutional Appetite for XRP on the Rise
Gilbertie emphasized that Ripple’s continued partnerships with banks and payment providers are strengthening XRP’s appeal. He claimed that these changes will most probably increase the number of investors, including high-profile ones, who view the token as a long-term asset.
In his remarks, Gilbertie also clarified that cryptocurrencies were not meant to replace fiat currencies but rather harmonize with them. He mentioned that investors tend to expand their wealth with crypto and then convert it to traditional currencies, which made digital assets a supportive layer in the financial system.
Additionally, Gilbertie stressed that ignoring crypto’s strong performance would be a mistake for institutions and treasuries. He referred to diversification in resources such as Bitcoin and XRP as a rational process of wealth management.
Eric Trump Targets SWIFT and Backs Crypto Alternatives
Eric Frederick Trump, Executive Vice President of the Trump Organization, reinforced the family’s growing association with crypto during his appearance at the TOKEN2049 conference in Dubai. He was very critical of the SWIFT network, which he regarded as old-fashioned and ineffective because of the delays, paperwork, and other procedures involved in it.
Speaking alongside Tron’s Justin Sun and World Liberty Financial’s Zach Witkoff, Trump argued that cryptocurrency offers faster and more secure solutions.
Based on his experience in real estate, he noted the liquidity of crypto as opposed to conventional assets. His statements appealed to the supporters of XRP, who consider the system of Ripple to be a direct rival of SWIFT.
The speculation around Donald Trump Jr.’s rumored XRP investment, coupled with Eric Trump’s endorsement of crypto over traditional systems, has further fueled optimism. Alongside expert opinions on institutional adoption, XRP continues to emerge as a token positioned for long-term growth in global finance.
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