Trump's "Peace Committee" plans to promote USD stablecoin pilot in Gaza

GateUser-6433627c · 2026-02-24T02:05:13+00:00

Trump's "Peace Committee" is exploring the launch of a USD-backed stablecoin to restore Gaza's economy and promote digital payments. Led by Liran Tancman, the project aims to help restrict cash flow to Hamas but may exacerbate the economic separation between Gaza and the West Bank, and local infrastructure still needs improvement.

GateUser-6433627c

2026-02-24 02:05:13

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On February 24, according to foreign media reports, the “Board of Peace” led by Trump is exploring the launch of a USD-backed stablecoin to help restore Gaza’s stalled economy. The project is still in its early stages and aims to promote digital payment system development while restricting cash flow to Hamas. The plan is headed by Israeli tech advisor Liran Tancman and involves the newly established Gaza technocratic government (NCAG) and the “Board of Peace,” which will be responsible for formulating relevant regulatory rules. The proposed stablecoin will not replace the Israeli shekel but will be used to support electronic payments, financial services, and digital commerce activities to address the current infrastructure damage and limited cash circulation. However, there are concerns that this initiative could further deepen the economic separation between Gaza and the West Bank, as Gaza’s power and internet infrastructure remain relatively weak. Relevant parties have stated that they plan to complete high-speed network upgrades by July of this year.

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