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.”

Original article (paywalled)

  • Wildmimic@anarchist.nexus
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    16 hours ago

    Trump reportedly mulled a plan to tokenize land and use digital tokens to relocate and rehouse residents during a US occupation of the territory. He said in February 2025 that the US should “take over” Gaza and make it the “Riviera of the Middle East” before a ceasefire was in place.

    Gentrification of Gaza incoming.