Trump's "Peace Committee" Plans to Launch Stablecoin to Reshape Gaza Economy

ChainCatcher News reports that, according to Jinshi, five informed sources revealed that officials working with Trump’s “Peace Commission” are exploring the creation of a stablecoin for Gaza to reshape the economy of this war-torn Palestinian enclave. The discussion around introducing the stablecoin is still in the preliminary stage, and many details remain undecided on how to implement it in Gaza. The stablecoin is expected to be pegged to the US dollar, with hopes that Gulf Arab countries and Palestinian companies with expertise in digital currencies will take the lead in advancing the project.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Will quantum computing destroy Bitcoin? Saylor: The crypto community will strike back first

MicroStrategy (MSTR), the world's largest Bitcoin institutional holder, CEO Michael Saylor recently publicly refuted the quantum computing threat theory, stating that the cybersecurity community generally believes that credible quantum attack capabilities will take at least another ten years to emerge. He emphasized that once the threat materializes, global digital infrastructure will upgrade collaboratively to respond, and the cryptocurrency community will play a leading role.

MarketWhisper40m ago

Gate Daily (February 24): Jane Street sued by Terraform liquidator; Ethereum forms a new team to promote DeFipunk

Bitcoin (BTC) continues its decline from the beginning of the week, currently around $63,500 as of February 24. The Ethereum Foundation has established a DeFi team to promote the development of the "DeFipunk" protocol. Jane Street was sued by Terraform Liquidation Party, accused of using insider trading to accelerate the crash.

MarketWhisper1h ago

Why did Bitcoin plummet today! Trump considers new tariffs, miners liquidate 2000 BTC

Bitcoin has recently experienced a clear decline, with the market facing two simultaneous pressures. Major miner Bitdeer has liquidated over 2,000 coins in eight weeks, strategically shifting to an immediate sell-off mode; the U.S. Supreme Court ruled that Trump's tariffs were illegal, and a new wave of national security tariff issues has emerged, causing global risk assets to panic sell. Technical indicators have also worsened, with Bitcoin breaking below the triangle support, with short-term targets directly pointing to the critical $64,000 defense line.

MarketWhisper1h ago

Tariff Variables and AI Impact: US Stocks Drop, Bitcoin Falls to 63K

U.S. stocks generally declined due to the potential disruptive risks of artificial intelligence and adjustments in U.S. tariff policies, with the S&P 500 index dropping over 1% and IBM's stock price plummeting. Bitcoin continued to slide, falling to $63,888, as market fear intensified, and overall market capitalization decreased by 3.38%. Investors are focusing on tariff trends and NVIDIA's earnings report.

ChainNewsAbmedia3h ago

Trump's "Peace Committee" considers issuing Gaza stablecoin for digital payment system

The "Peace Committee" led by U.S. President Trump is considering issuing a stablecoin pegged to the US dollar to support the digital payment system in Gaza and address the cash access difficulties in the local humanitarian crisis. The project is led by Israeli entrepreneur Liran Tancman and aims to establish digital payment infrastructure and other online services.

GateNewsBot3h ago

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

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.

GateNewsBot10h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)