Trump’s Board of Peace Explores Gaza Stablecoin to Enable Digital Payments
Trump’s Board of Peace is reportedly in early discussions to launch a dollar-pegged stablecoin aimed at facilitating digital transactions in Gaza. The initiative, led by Israeli tech entrepreneur Liran Tancman and the National Committee for the Administration of Gaza, seeks to address the region’s cash shortages caused by destroyed ATMs and blocked deliveries.
The proposed stablecoin would serve as a transactional tool rather than a replacement for fiat currency. This move aligns with the GENIUS Act, a stablecoin bill signed into law by TRUMP in July 2025, underscoring the administration’s focus on digital finance solutions.
The Board of Peace, launched in January 2026 with a $10 billion U.S. pledge, operates independently of the UN and includes 26 founding member nations, notably Israel and Saudi Arabia. Western European countries largely abstained from joining.