Trump-linked group mulls stablecoin for Gaza – What's the story? A Trump-associated organization called the Board of Peace (under US President Donald Trump's oversight) is reportedly exploring/considering the launch of a stablecoin specifically for use in Gaza. Key points in simple terms: This is not a launched coin yet – it's in very early/preliminary discussions and planning stage ("mulls" or "exploring" means they're thinking about it, studying feasibility). The stablecoin would be pegged to the US dollar (dollar-backed), so its value stays stable like 1 USD = 1 coin. Purpose: Help people in Gaza do digital transactions (payments, aid distribution, daily buying/selling) because the local economy is devastated after prolonged conflict – banks destroyed, cash (Israeli shekels) in short supply, only few ATMs working. It would not be a new "Gaza currency" or replace Palestinian money – just a tool for easier digital payments in a cash-starved area. Led by Israeli tech entrepreneur Liran Tancman (former reservist, now unpaid adviser to the Board). Involves potential collaboration with companies from Gulf Arab countries and Palestinian digital currency experts. Part of bigger postwar reconstruction efforts by the Board of Peace (aimed at rebuilding Middle East/Gaza economy). Some see it as way to increase transparency in aid, speed up help, and reduce corruption or cash flowing to groups like Hamas. Others criticize it as potentially isolating Gaza's economy from West Bank or raising concerns over control/geopolitics. This news broke mainly from Financial Times report (Feb 23, 2026), citing 5 people familiar with the talks. Many crypto/news outlets picked it up quickly. It's still super early – no final decision, no issuer named, no launch timeline. Just ideas being evaluated right now.
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Yusfirah
· 8m ago
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To The Moon 🌕
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ShizukaKazu
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Ryakpanda
· 6h ago
Wishing you great wealth in the Year of the Horse 🐴
#TrumpGroupMullsGazaStablecoin
Trump-linked group mulls stablecoin for Gaza – What's the story?
A Trump-associated organization called the Board of Peace (under US President Donald Trump's oversight) is reportedly exploring/considering the launch of a stablecoin specifically for use in Gaza.
Key points in simple terms:
This is not a launched coin yet – it's in very early/preliminary discussions and planning stage ("mulls" or "exploring" means they're thinking about it, studying feasibility).
The stablecoin would be pegged to the US dollar (dollar-backed), so its value stays stable like 1 USD = 1 coin.
Purpose: Help people in Gaza do digital transactions (payments, aid distribution, daily buying/selling) because the local economy is devastated after prolonged conflict – banks destroyed, cash (Israeli shekels) in short supply, only few ATMs working.
It would not be a new "Gaza currency" or replace Palestinian money – just a tool for easier digital payments in a cash-starved area.
Led by Israeli tech entrepreneur Liran Tancman (former reservist, now unpaid adviser to the Board).
Involves potential collaboration with companies from Gulf Arab countries and Palestinian digital currency experts.
Part of bigger postwar reconstruction efforts by the Board of Peace (aimed at rebuilding Middle East/Gaza economy).
Some see it as way to increase transparency in aid, speed up help, and reduce corruption or cash flowing to groups like Hamas.
Others criticize it as potentially isolating Gaza's economy from West Bank or raising concerns over control/geopolitics.
This news broke mainly from Financial Times report (Feb 23, 2026), citing 5 people familiar with the talks. Many crypto/news outlets picked it up quickly.
It's still super early – no final decision, no issuer named, no launch timeline. Just ideas being evaluated right now.