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Trump and Israeli Officials Explore Stablecoin Solution for Gaza Strip

Trump and Israeli Officials Explore Stablecoin Solution for Gaza Strip

Author:

Global Cryptocurrency

Published:

2026-02-23 21:21:02

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BTCCSquare news:

US President Donald TRUMP is collaborating with Israeli officials and technology experts to develop a stablecoin for Gaza, according to recent reports. The initiative falls under the purview of the Board of Peace (BoP), a multinational organization spearheaded by Trump aimed at fostering global stability.

Gaza's financial infrastructure has collapsed amid prolonged conflict, leaving residents without reliable access to Israel's shekel or basic necessities. The proposed stablecoin WOULD serve as a digital alternative, backed by $17 billion in BoP member contributions—$10 billion of which comes from the US.

Israeli developer Liran Tancman will lead the project, with support from Palestinian and Gulf Arab crypto firms to drive adoption. The MOVE signals growing recognition of digital assets as tools for economic stabilization in crisis zones.

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