
Trump's 'Board of Peace' Explores Stablecoin For Gaza
An anonymous reader quotes a report from the Financial Times: Officials working with Donald Trump's "Board of Peace" are exploring setting up a stablecoin for Gaza as part of efforts to reshape the devastated Palestinian enclave's economy, according to five people familiar with the discussions. The talks around introducing a stablecoin -- a type of cryptocurrency whose value is pegged to a mainstream currency, such as the US dollar -- are at a preliminary stage, and many details of how one could be introduced in Gaza remain to be determined.
But officials have discussed the idea as part of their plan for the future of the enclave, where economic activity collapsed during Israel's two-year ...