Trump’s Board of Peace Explores Gaza Stablecoin to Enable Digital Payments

TLDR

• Trump’s Board of Peace is in early discussions about creating a dollar-pegged stablecoin for Gaza
• The stablecoin would help Gazans transact digitally, not replace fiat currency
• Israeli tech entrepreneur Liran Tancman is leading the effort alongside the National Committee for the Administration of Gaza
• Access to cash in Gaza is severely limited due to destroyed ATMs and blocked cash deliveries
• Trump signed the GENIUS Act stablecoin bill into law in July 2025

Trump’s Board of Peace is in early discussions about creating a dollar-pegged stablecoin for Gaza, according to a Financial Times report citing five people familiar with the talks.

The stablecoin would give Gazans a way to transact digitally. It is not being designed as a meme coin or a replacement for existing currency.

The Board of Peace was launched in January 2026 by President Donald Trump. It operates outside the United Nations, and membership requires a $1 billion contribution.

Twenty-six countries joined as founding members, including Israel, Saudi Arabia, Hungary, and El Salvador. Most Western European countries declined their invitations.

The US pledged $10 billion to the initiative. The board is chaired by Trump and partly led by his son-in-law Jared Kushner.

The board held its first meeting last week in Washington D.C. Israeli tech entrepreneur Liran Tancman attended and outlined plans for a “secure digital backbone” covering payments, financial services, e-learning, and healthcare.

Why Gaza Needs a Digital Payment System

Access to cash in Gaza has become extremely limited. ATMs have been destroyed or shut down, and Israel has blocked new cash deliveries, according to the FT.

This has pushed residents toward digital transactions out of necessity. The stablecoin proposal is partly a response to that on-the-ground reality.

Tancman is leading the stablecoin effort alongside the National Committee for the Administration of Gaza. No issuing entity has been named yet.

Snir Levi, CEO of blockchain intelligence platform Nominis, told Cointelegraph the proposal is still very early. He pointed out that OTC desks in Gaza have already moved over $100 million in stablecoins with almost no formal framework in place.

Trump’s Broader Crypto Involvement

Trump signed the GENIUS Act into law in July 2025, the first federal stablecoin bill in US history. He has grown increasingly involved in crypto more broadly.

Trump and his family are part of the crypto venture World Liberty Financial, which issued the USD1 stablecoin. Some lawmakers have raised concerns about conflicts of interest as crypto regulation continues to be debated in Washington.

Trump has also reportedly considered a plan to tokenize land in postwar Gaza. The idea would use digital tokens to relocate and rehouse residents during a potential US occupation of the territory.

In February 2025, Trump said the US should “take over” Gaza and turn it into the “Riviera of the Middle East.” A ceasefire has been officially in place since October 2025, though Israeli forces have reportedly violated the agreement on multiple occasions.

The White House did not respond to a request for comment on the stablecoin proposal.

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