Trump Backs Blockchain: Why Graphite Network Could Be the Key to a New Financial Era
In a striking pivot from past positions, President Donald Trump has announced his administration’s bold embrace of cryptocurrency and digital assets, declaring, “We’re embracing the future with crypto and leaving the slow and outdated big banks behind.”
This declaration was more than just rhetoric. On Thursday, Trump signed an executive order creating a Working Group on Digital Asset Markets, reinforcing a national commitment to blockchain integration grounded in transparency, self-custody, and fair access to banking services. As America eyes a blockchain-powered financial future, Graphite Network is emerging as a vital player to turn this vision into reality.
Graphite Network: The Infrastructure for Blockchain Banking
While government policies begin to shift, the tools to build this new system are already here. Graphite Network provides scalable, compliant blockchain infrastructure tailor-made for banks and financial institutions of all sizes.
In an interview with crypto.news, Graphite Network CTO Marko Ratkovic noted:
“What’s certain is that Graphite Network offers the infrastructure banks need to make this transition. We can help traditional finance connect with the decentralized economy, and this support is just as important for mass adoption as the regulations will be.”
Their Bank Integration Demo showcases how Graphite tackles the very real challenges financial institutions face when trying to go blockchain-first.
Why Banks Are Turning to Graphite Network
✅ Built for Banks
Graphite’s blockchain uses a Proof-of-Authority Polymer 2.0 consensus mechanism, delivering top-tier security, scalability, and energy efficiency—all crucial for banks bound by legacy systems.
✅ Regulation-Ready, Privacy-Preserving KYC
The network’s Zero-Knowledge Proof (ZKP)-based KYC balances user privacy with institutional compliance. KYC data remains off-chain, mitigating risks of breaches or leaks while still verifying users for regulators.
✅ Trust and Flexibility
Graphite’s Trust Score system evaluates user activity, KYC status, and even fraud claims—offering banks deeper insights without forcing uniform user compliance. Users remain in control of how and with whom they transact.
✅ Predictable Fees, Even in High Traffic
Ethereum saw average fees of $3.52 per transaction during 2024’s peak periods. Graphite, by contrast, offers predictable, low fees—making it ideal for financial institutions that need cost reliability.
✅ Smart Contracts Meet Reputation
Banks can now build reputation-aware smart contracts—for example, offering loans only to users with verified histories or Trust Scores, bridging business needs with regulatory standards.
✅ Directed Fund Management
Graphite’s upcoming tagged addresses feature will allow for purposeful fund tracking—think loan repayments or business transactions. Combined with smart contracts that can flag misuse or block suspicious activity, this adds a serious layer of institutional-grade security.
Incentivized, Inclusive Blockchain Participation
Graphite Network isn’t just building for banks—it’s also democratizing blockchain participation. With its dual-layer node system, both entry-point node operators and authorized validators earn fair, transparent rewards in the network’s native token, @G.
- Entry-point nodes earn 50% of transaction fees for onboarding.
- Authorized nodes earn 100% of fees on standalone validations and 50% for shared transactions.
“One of our key goals is to democratize access to blockchain revenue streams,” Ratkovic emphasized. “With our dual-layer node system, we’ve ensured participants at every level can earn while securing the network.”
A Future-Proof Path for Financial Institutions
As the Trump administration formalizes its support for crypto innovation, the timing couldn’t be better. Institutions now have a partner like Graphite Network to help them integrate blockchain responsibly—with privacy, compliance, and profitability built in from the start.
If Trump’s goal is to modernize the American financial system, Graphite Network may be the infrastructure that makes that transformation possible.
