Trump's "Peace Committee" Plans to Launch Stablecoin to Reshape Gaza Economy

ChainCatcher News reports that, according to Jinshi, five informed sources revealed that officials working with Trump’s “Peace Commission” are exploring the creation of a stablecoin for Gaza to reshape the economy of this war-torn Palestinian enclave. The discussion around introducing the stablecoin is still in the preliminary stage, and many details remain undecided on how to implement it in Gaza. The stablecoin is expected to be pegged to the US dollar, with hopes that Gulf Arab countries and Palestinian companies with expertise in digital currencies will take the lead in advancing the project.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Two oil tankers were attacked in waters near Iraq and Kuwait, causing a sharp rise in international oil prices at the start of trading.

On March 11, two oil tankers were attacked in the northern Gulf near Iraq and Kuwait, raising concerns about shipping safety and causing international oil prices to rise. Preliminary reports suggest it may have been an Iranian drone attack, highlighting the fragility of the global energy supply chain. The localized attack could increase shipping insurance costs and impact the global energy market.

GateNews56m ago

Senate Banking Committee Leader: The "Chief Prosecutor" in the Powell case has been replaced

Senate Banking Committee Republican Leader Tim Scott stated that the chief prosecutor investigating Federal Reserve Chairman Powell has been replaced. The investigation involves the renovation project of the Federal Reserve headquarters building and Powell's testimony, against the backdrop of interest rate policy conflicts between the Federal Reserve and President Trump. Meanwhile, Wash's Federal Reserve Chair nomination has been stalled due to the ongoing investigation.

GateNews7h ago

Joint Maritime Information Center: No conclusive evidence shows the presence of mines in the Strait of Hormuz

Gate News Announcement, on March 11, the Joint Maritime Information Center (JMIC) issued a statement on March 12 stating that there is currently no conclusive evidence indicating the presence of naval mines in the Strait of Hormuz (one of the world's most important oil transit routes).

GateNews7h ago

Iran Military: If Our Ports and Docks Are Threatened, All Ports and Docks in the Region Will Become Legitimate Targets

Gate News Report, March 11, an Iranian senior military spokesperson issued a statement saying that if Iran's ports and docks are threatened, all ports and docks in the region will become Iran's "legitimate targets."

GateNews7h ago

The first in the U.S.! Florida's "Stablecoin Bill" passes successfully, and the government will accept stablecoin payments

Florida passes the first stablecoin regulation bill in the United States, SB 314, bringing stablecoins into the money services regulatory framework and establishing their legal status. The law requires stablecoin issuers to comply with traditional financial standards and emphasizes consumer protection and anti-money laundering measures. This move aims to attract Web3 companies, enhance transparency of digital assets, and balance innovation with financial stability. The state government also plans to allow the use of stablecoins for paying state-level service fees, demonstrating the increasing legalization trend of digital assets.

区块客8h ago
Comment
0/400
No comments