Trump's 'Board of Peace' Explores Stablecoin For Gaza
Slashdot
by BeauHDFebruary 24, 2026
AI-Generated Deep Dive Summary
An anonymous reader highlights a Financial Times report about officials associated with Donald Trump's "Board of Peace" exploring the creation of a stablecoin for Gaza as part of efforts to revitalize the Palestinian enclave's economy. The initiative, still in its early stages, aims to introduce a cryptocurrency pegged to the US dollar, serving as a digital transaction tool rather than a new currency. This move comes amid significant economic challenges in Gaza, where traditional banking systems have been severely impacted by conflict with Israel.
The idea is being spearheaded by Liran Tancman, an Israeli tech entrepreneur and unpaid adviser to Trump's Board of Peace, which oversees efforts to rebuild Gaza. The project involves collaboration with Gulf Arab and Palestinian companies specializing in digital currencies. A stablecoin tied to the US dollar could help Gazans engage in secure digital transactions, bypassing the limitations of the current financial infrastructure.
The initiative is part of broader plans to establish a digital backbone for Gaza, enabling e-payments, financial services, e-learning, and healthcare with user control over data. While the regulatory framework and implementation details remain undecided, the goal is to create a platform that fosters economic recovery and resilience in Gaza.
This effort underscores the growing global interest in stablecoins as tools for financial inclusion and economic stabilization, particularly in regions with fragile economies. By leveraging digital currency technology, officials aim to address Gaza's economic challenges while aligning with broader tech trends.
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Originally published on Slashdot on 2/24/2026