Eric Trump Says AI Could Speed Crypto Adoption and Growth
At TOKEN2049, Trump said AI agents using wallets and stablecoins may create new demand for digital assets.
Key takeaways
- Eric Trump said AI-driven payments could support crypto adoption and Bitcoin.
- World Liberty Financial's Agentic SDK supports USD1 wallets for AI agents, Zach Folkman said.
- Executives said USD1 circulating supply exceeded $4 billion.
Eric Trump said artificial intelligence could accelerate cryptocurrency adoption and benefit Bitcoin and the broader crypto market. Speaking at TOKEN2049 in Singapore on Oct. 7, he pointed to AI-powered transactions using stablecoins as a source of future demand.
Trump acknowledged that investors had shifted capital from cryptocurrencies into AI stocks over the past year, pressuring Bitcoin prices. He said AI agents could increasingly use crypto wallets and stablecoins to make payments.
He cited AI-powered travel bookings as one example, saying agents could book hotels and pay through digital wallets. “The faster AI grows, the faster digital assets are going to grow,” Trump said.
World Liberty Financial co-founder Zach Folkman highlighted the company’s Agentic SDK, which allows AI agents to integrate USD1 stablecoin wallets and transact with businesses, consumers and other agents.
Trump also pointed to tokenization, saying the company plans to tokenize Trump Tower in Dubai and expand fractional ownership of real estate, artwork and other assets. World Liberty Financial executives said USD1 had surpassed $4 billion in circulating supply, and the company is preparing a consumer app and debit card for holding, earning and spending stablecoins.
This article was produced with the help of AI technology. Source: Yahoo Finance
