Trump's "Peace Committee" Plans to Launch Stablecoin to Reshape Gaza Economy

GateNews

ChainCatcher News reports that, according to Jinshi, five informed sources revealed that officials working with Trump’s “Peace Commission” are exploring the creation of a stablecoin for Gaza to reshape the economy of this war-torn Palestinian enclave. The discussion around introducing the stablecoin is still in the preliminary stage, and many details remain undecided on how to implement it in Gaza. The stablecoin is expected to be pegged to the US dollar, with hopes that Gulf Arab countries and Palestinian companies with expertise in digital currencies will take the lead in advancing the project.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. Defense Secretary Hagerty: Further Mine-Laying Attempts Would Violate Ceasefire Agreement

Gate News message, April 24 — U.S. Defense Secretary Hagerty stated that any further attempts at mine-laying would violate the ceasefire agreement. Shipping traffic through the Strait of Hormuz continues to proceed

GateNews1h ago

Iran's Lead Negotiator Qalibaf Resigns From U.S. Talks in Islamabad

Gate News message, April 24 — Mohammad Baqer Qalibaf, the head of Iran's negotiating delegation in talks with the United States in Islamabad, has resigned and withdrawn from the delegation, according to Iran's state television. Following the development, crude oil prices rose sharply. WTI crude oil

GateNews2h ago

White House Extends Jones Act Waiver to Ease Oil Supply Tensions

Gate News message, April 24 — The White House will extend its waiver of the Jones Act, a century-old maritime law, to lower transportation costs for oil, natural gas, and other commodities within the U.S. and ease supply pressures. President Trump previously announced a temporary waiver on

GateNews2h ago

Iran Collected Strait of Hormuz Toll in Foreign Currency, Not Bitcoin

Iran's central bank announced that the first transit fee collected from ships passing through the Strait of Hormuz was paid in "cash foreign currency," contradicting earlier reports that the toll would be collected in cryptocurrency. The payment was deposited directly into bank accounts in foreign c

CryptoFrontier3h ago

South Korea's KRX Cites Global Digital Asset Exchange's Korean Stock Products as Reason to Extend Trading Hours

Gate News message, April 24 — South Korea's Korea Exchange (KRX) cited the listing of Korean stock market products by a major global digital asset exchange as justification for extending trading hours. The exchange said it needs to extend trading hours and improve market infrastructure to compete fo

GateNews4h ago

Israel Sets Strike Targets on Iran, Focusing on Economic and Infrastructure Damage

Gate News message, April 24 — Israel's Defense Minister has designated strike targets in Iran and is preparing for operations focused on inflicting significant economic damage beyond military objectives, according to Israel's Channel 12. Building on previous military actions, Israel aims to

GateNews4h ago
Comment
0/400
No comments