Trump’s Board of Peace Could Launch a Dollar-Backed Stablecoin In Gaza
Officials advising Donald Trump’s “Board of Peace” are exploring a US dollar-backed stablecoin for Gaza, according to reports from the Financial Times. The proposal remains in early stages.
However, it signals a potential shift toward using crypto as core infrastructure in Gaza’s post-war economic reconstruction.
BREAKING: Donald Trump’s Board of Peace is working with an Israeli tech entrepreneur to explore a dollar-backed stablecoin for Gaza, aiming to support economic rebuilding and limit Hamas’ influence. pic.twitter.com/G1JAnxmXtb
— BeInCrypto (@beincrypto) February 23, 2026 Turning Gaza Into a Crypto Project?According to the Financial Times, the stablecoin would be pegged to the US dollar and used to facilitate digital payments, not replace Gaza with a sovereign currency.
Governance would involve the Board of Peace and Gaza’s interim technocratic administration.
The discussions come as Gaza’s banking system remains severely impaired. Cash access has been restricted since 2023 due to ATM destruction and limits on physical currency deliveries.
As a result, digital payments have become more common, though connectivity and financial infrastructure remain fragile.
Liran Tancman is linked to the deadly GHF scheme and the so-called “Gated Communities” plan — projects accused of enabling mass violence and surveillance against Palestinians. Don’t be deceived: these narratives distract from the ongoing #GazaGenocide. pic.twitter.com/aZihnNJSBz
— Ramy Abdu| رامي عبده (@RamAbdu) February 20, 2026 Board of Peace Takes Central Role in Gaza TransitionThe Board of Peace sits at the center of Trump’s broader 20-point plan for Gaza. Trump chairs the body. Its members include senior US officials such as Secretary of State Marco Rubio and envoy Steve Witkoff, alongside international figures like former UK Prime Minister Tony Blair and World Bank President Ajay Banga.
The board oversees Gaza’s transitional governance, reconstruction planning, and economic recovery. It also coordinates with a Palestinian technocratic committee tasked with restoring services and managing daily administration.
Meanwhile, an international stabilization force is expected to handle security and policing during the transition period.
Within this framework, the stablecoin proposal reflects a broader effort to rebuild Gaza’s financial system without relying on traditional banking infrastructure.
BREAKING: In an extraordinary and illegal move, Trump says he’s transferring $10 billion from the U.S. government to his “Board of Peace,” which he chairs and can use the funds as he wishes.
Where is Congress??? pic.twitter.com/ZH83WGnN96
In theory, a stablecoin could help restore economic activity. Digital dollars could enable aid delivery, salaries, and daily transactions even without functioning banks. This could potentially improve transparency and reduce corruption in aid distribution.
However, the plan raises serious ethical and political concerns. A digitally controlled currency governed by an international body could give external actors unprecedented influence over Gaza’s financial system. Every transaction could be tracked.
Access could potentially be restricted or revoked.
Trump just posted this video promoting ''Trump Gaza'' – ending with AI footage showing him lounging shirtless with Netanyahu at a luxury Gaza beach resort
Never forget that a significant number of Palestine activists and Muslim voters in Dearborn Michigan supported this pic.twitter.com/qbOAh0Zryp