Odaily Planet Daily reports that, according to the Financial Times, the “Board of Peace” led by U.S. President Donald Trump is exploring the issuance of a stablecoin pegged to the US dollar to support the digital transaction system in Gaza. Sources familiar with the matter stated that the stablecoin will serve as “a way for Gaza residents to conduct digital payments.”
Currently, Gaza is experiencing a severe humanitarian crisis, with cash access extremely limited. Many bank facilities and ATMs have been damaged or shut down, and new cash deliveries are also restricted, leading residents to increasingly rely on digital payment methods. The stablecoin initiative was proposed against this backdrop, aiming to establish basic financial transaction infrastructure.
The project is led by Israeli tech entrepreneur Liran Tancman, in collaboration with organizations such as the Gaza Administrative Committee (NCAG). Sources indicated that the plan not only includes the stablecoin but also involves building a “secure digital infrastructure” as an open platform to support electronic payments, financial services, online education, and healthcare systems, while allowing users to control their own data.
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