Eric Trump claims that the banks' crackdown and the culture of resistance have prompted his family to continue investing in the encryption industry.

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PANews, April 2nd news, according to The Block, Eric Trump, the son of the U.S. President, revealed in an interview with Fox Business Channel that it is the "autonomy, bank blacklisting, and resistance culture" that drives his family to continuously increase their investments in the Crypto Assets industry. Eric Trump stated on Tuesday when discussing the "weaponization" of banks against the Trump family: "Every bank has unreasonably canceled their business dealings with us, simply because my father entered politics. I never thought I would get involved in the Crypto Assets field; they targeted us viciously. It wasn’t until then that I realized the importance of Crypto Assets." In addition to praising the anti-censorship characteristics of Crypto Assets, Eric Trump also pointed out that this technology has made significant improvements compared to the contemporary financial system. He stated that Crypto Assets are "cheaper, faster, and more transparent." Everything that banks can do, Crypto Assets can do better. Eric Trump specifically noted that stablecoins will help support the dollar while fundamentally changing the landscape of "finance and banking" in the coming decades.

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