Officials connected to Donald Trump’s Board of Peace are examining the introduction of a stablecoin for Gaza as part of an effort to reshape the enclave’s ruined economy, according to multiple people familiar with the discussions. The talks describe a cryptocurrency whose value is pegged to a mainstream currency, such as the US dollar, and remain at a preliminary stage with many details yet to be determined.
Sources say the plan envisions a stablecoin tied to the U.S. dollar, with Gulf Arab and Palestinian firms experienced in digital currencies expected to help lead the initiative. Officials stress that the proposed instrument would not constitute a Gaza-specific currency, but rather a digital means for Gazans to transact.
The effort is being led by Liran Tancman, an Israeli tech entrepreneur and former reservist who is serving as an unpaid adviser to the Board of Peace. The Board of Peace and NCAG would determine the stablecoin’s regulatory framework and access, though nothing definitive has been finalized, and Tancman noted at a Washington meeting that the NCAG is building a secure digital backbone—an open platform enabling e-payments, financial services, e-learning, and healthcare with user-controlled data.
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