Trump’s Claims Fuel Interest in Crypto Amid Banking Collapse Fears

Trump’s Warning on the Banking System

The bold predictions regarding the US banking system were put forward recently by former President Donald Trump, who suggested that it was days from falling apart. According to Trump, even traditional banks or pensions such as IRAs as well as 401Ks were not immune to the impending collapse.

As a result, there have been mixed reactions from his supporters and other members of society towards this message with a growing number rethinking their financial plans.

Rising Interest in ISO20022 Coins

With fears of an impending banking crisis increasing, interest in ISO20022-compliant cryptocurrencies such as XLM, XRP and XDC is rising. These digital assets are perceived by some as protection from instability in conventional banking systems. 

Supporters claim that these coins can be a new international business transaction standard offering safety away from worries concerning traditional banking system more than before ever before today.

Moving Assets to Digital Currencies

In amazement at the situation where Trump said these things some financial advisers and influencers are advising people to move their wealth from normal banks and put them in digital currencies like XLM, XRP and XDC. They suggest changing IRAs and 401(k)s into these coins, keeping them in the Quantum Financial System (QFS). 

Although this idea has gained interest within specific circles, it is necessary to understand that when it comes to money, one should always be careful by doing enough research before he engages in such sudden acts of withdrawing all his savings. It still remains uncertain whether he would ever act on this belief or not since otherwise there is no reason why.

Also Read: Democrats Openly Challenge Trump Via Their New “Crypto For Harris” Campaign

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