Trump-Linked Board Weighs Dollar Stablecoin to Rebuild Gaza
Officials working with the Board of Peace opened initial talks in Washington last week about issuing a dollar-pegged stablecoin to jump-start Gaza’s economy after an offensive left banking systems crippled and cash deliveries halted. The US-led body, created under Donald Trump, is exploring a digital vehicle that could enable local payments, remittances, and distribution of humanitarian aid where traditional rails are broken.
The proposal could speed aid flows and provide a secure medium of exchange, but it faces practical and legal hurdles: ensuring convertibility to physical cash, compliance with sanctions and anti-money-laundering rules, coordination with donors, and building on-the-ground distribution infrastructure. Officials described the discussions as preliminary; next steps will likely involve consultations with banks, NGOs and regulators to assess feasibility and oversight before any pilot is launched.