Could A Stablecoin Fund Gaza Relief? Trump’s Board Of Peace Is Considering It

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Well, well, well. Hold on to your hats, folks. The U.S. President Donald Trump’s advisory group, otherwise known as the Board of Peace (because what says peace more than a group of billionaires and crypto enthusiasts?), is mulling over a wild idea: issuing a US dollar-backed stablecoin to help people in Gaza who are suffering from, you know, that whole “severe cash shortages and broken banking services” thing. Talk about thinking outside the box-or maybe inside the blockchain!

The “Brain Trust” (also known as a handful of outside advisers and, presumably, Trump’s favorite golf buddies) is toying with the concept. According to the Financial Times, the idea would allow aid and trade to continue flowing even when ATMs and regular banks decide to go on permanent vacation. Sounds a bit like a crypto fairy tale, right?

$1 Billion Membership

Now, get ready for this: to be part of this elite “Board of Peace,” you need to cough up a cool $1 billion. Yep, a billion bucks! That’s the price of admission. Is it for peace, or is it for bragging rights at the next yacht party? Hard to say, but you better believe it’s got some folks wondering about the influence and oversight of all these big wallets. Trump first announced this “peaceful” endeavor back in January. Because if there’s one thing the world needs, it’s more billionaires brainstorming solutions to the world’s problems, right?

And it gets even juicier. This plan has a technical backer with a name you won’t forget: Liran Tancman. This guy’s already been talking with the “technocratic team” over in Gaza, which sounds like something straight out of a sci-fi novel. They’re planning on creating a currency token pegged to the almighty dollar. You know, just in case you’re tired of using physical money that gets lost in the chaos of daily life.

What’s the idea? Well, this magical stablecoin would let people and aid groups buy food, medicine, and fuel, all without needing a local bank to function properly. Finally, a digital currency that can’t go on strike!

Officials advising Donald Trump’s “Board of Peace” are exploring a US dollar-backed crypto stablecoin for Gaza.

According to the Financial Times, this crypto concept is in an exploratory phase, but it could spell the rebuilding of Gaza being tied to a crypto experiment.

– More Perfect Union (@MorePerfectUS) February 23, 2026

Stablecoin Support For Transactions

Supporters are singing the praises of the token. They argue that this could save time, money, and frustration when cash is running low and banks are out of service. A simple little digital token on your phone could let you move value faster than you can say “blockchain.” And hey, it might even help international donors send assistance with fewer middlemen. Fewer middlemen! It’s the dream!

But don’t get too excited. There are a few issues, like how to store the reserves, who’s going to audit them, and-just a small detail-who’s going to make sure the whole thing doesn’t fall apart during a chaotic war zone. No biggie. No solutions yet, but hey, they’re still in the brainstorming phase!

Concerns About Control And Isolation

And of course, not everyone is onboard with the idea of a crypto revolution in Gaza. Critics are raising some red flags. They’re worried that a special token for Gaza might just deepen its separation from nearby markets and make it even harder to coordinate with the West Bank. Because, you know, who doesn’t love more isolation?

Others point to Gaza’s patchy internet service. What if the whole system gets hacked or turned off during a conflict? Just a little something to think about before you go all-in on the stablecoin dream. And don’t even get started on which institutions will hold the funds. It’s a bit like trusting the guy who lost his job at the bank but now claims to be the “blockchain expert.”

How It Would Work In Practice

In case you were wondering how this all works in real life, reports say that the plan is still in its infancy-like a baby crypto, just learning to crawl. There’s no issuing authority chosen yet, but hey, that’s fine. It’s early days. Some of the models include a trusted third party to hold the dollar reserves, while others prefer local partners to manage distribution. It’s all a little hazy right now, but who needs clarity when you’ve got $1 billion backing your project?

As for safeguards, the current suggestions are about as solid as a house of cards: independent audits, multi-party control of reserves, and strict rules to make sure only essential goods get funded. But like everything else, these are just ideas-basically just pretty words on paper, waiting for the next round of funding!

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2026-02-24 16:11