Officials associated with Trump's Peace Committee are reportedly exploring the creation of a stablecoin to boost Gaza's economy, according to the Financial Times. The initiative aims to introduce a digital currency pegged to the US dollar, facilitating digital transactions in the region. Discussions are in preliminary stages, with details yet to be finalized. The plan envisions collaboration with companies from Gulf Arab states and Palestine that specialize in digital currencies, aiming to provide a financial tool rather than a new currency for Gaza.
Trump's Peace Committee Considers Stablecoin for Gaza's Economy
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