Eric Trump Praises Stablecoins, Boldly Asserts That They Will ‘Save The US Dollar’

Eric Trump, the second-oldest son of U.S. President Donald Trump and executive vice president of the Trump Organization, has hailed stablecoins as a potential lifeline for the US dollar. The outspoken crypto supporter told the New York Post on Friday that he believes stablecoins will actually “save the US dollar.” Not kill it. Not weaken it. He pointed to USD1, the U.S. dollar-backed stablecoin tied to the Trump family’s decentralized finance protocol, World Liberty Financial, which has faced intense scrutiny in Washington.