According to recent reports citing multiple insiders, officials linked to Trump's 'Peace Committee' are exploring the introduction of a new stablecoin for the Gaza Strip, aiming to help rebuild the local economy after years of conflict.
Stablecoin Initiative Still in Early Talks
At this stage, many key details regarding the stablecoin — including its implementation model, regulatory framework, and adoption strategy — remain undecided and under discussion.
Not a Sovereign Currency, But a Digital Tool
One insider clarified that the proposed stablecoin would not serve as a new Palestinian national currency or replace existing monetary systems. Instead, it would act as a digital transaction tool for Gaza residents.
Regional Collaboration and Tech Support Expected
The initiative reportedly envisions involvement from Gulf Arab nations and Palestinian firms with expertise in digital finance, aiming to develop a secure and efficient digital payment infrastructure.