The so-called “Board of Peace,” created by U.S. President Donald Trump and established during the World Economic Forum last month, is exploring launching a U.S.-dollar-pegged stablecoin in Gaza, FT reported today, Feb. 23.
Led by Israeli tech entrepreneur Liran Tancman, the initiative reportedly aims to alleviate cash shortages in the war-torn region.
"This will not be a 'Gaza Coin' or a new Palestinian currency, but a means to allow Gazans to transact digitally," a person familiar with the project told the FT.
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