Under President Trump's Leadership, the Board of Peace Considers Introducing a USD-Pegged Stablecoin for Gaza Reconstruction, Reports FT

The 'Board of Peace,' led by U.S. President Donald Trump, is considering the introduction of a USD-pegged stablecoin in the Palestinian territory of Gaza, as reported by the Financial Times on the 23rd, citing multiple sources.

The introduction of stablecoins is being considered as part of efforts to rebuild the region's economy, which has suffered devastating damage. However, discussions are still in the preliminary stages, and many details remain undecided.

The regulatory framework and access decisions regarding stablecoins will be made by the National Committee for the Administration of Gaza (NCAG) and the Board of Peace. This concept...