The Financial Times reports that the Board of Peace led by Donald Trump is preliminarily evaluating the launch of a dollar-pegged stablecoin in Gaza as part of post-war economic reconstruction. The plan involves participation from Gulf Arab and Palestinian digital currency enterprises, aiming to provide digital payment tools for local residents. The project is led by Israeli tech entrepreneur Liran Tancman and is collaborating with the newly established Palestinian technocratic government in Gaza and the office of former UN Special Envoy Nickolay Mladenov. Currently, the regulatory framework and access mechanisms for the stablecoin have not been finalized.
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The Financial Times reports that the Board of Peace led by Donald Trump is preliminarily evaluating the launch of a dollar-pegged stablecoin in Gaza as part of post-war economic reconstruction. The plan involves participation from Gulf Arab and Palestinian digital currency enterprises, aiming to provide digital payment tools for local residents. The project is led by Israeli tech entrepreneur Liran Tancman and is collaborating with the newly established Palestinian technocratic government in Gaza and the office of former UN Special Envoy Nickolay Mladenov. Currently, the regulatory framework and access mechanisms for the stablecoin have not been finalized.