Trump‘s ‘Board of Peace‘ Considers Stablecoin for Gaza Efforts: FT
Trump‘s ‘Board of Peace‘ Considers Stablecoin for Gaza Efforts: FT
A Financial Times report suggested that the 'Board of Peace' established by Donald Trump is considering stablecoins as part of its efforts claiming to help rebuild Gaza.
According to a Monday Financial Times report, the board is in the preliminary stages of discussing whether a stablecoin could be used to help rebuild Gaza’s economy. A person familiar with the project reportedly said the stablecoin would not be a meme coin or a replacement for fiat currency, but rather “a means to allow Gazans to transact digitally.”