Trump's Board of Peace Explores Dollar-Backed Stablecoin for Gaza Economic Reconstruction

GateNewsBot
TRUMP5,54%

Gate News bot message, according to Financial Times, Trump’s Board of Peace is exploring the use of a dollar-backed stablecoin for Gaza’s economic reconstruction. The board is examining this digital currency solution as part of the economic rebuilding strategy for the Gaza region.

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Trump's State of the Union address made no mention of cryptocurrencies and did not signal a rate cut, with high interest rate expectations suppressing Bitcoin and risk assets.

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GateNewsBot4h ago
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