UK Financial Times: Trump Peace Committee Plans to Issue Stablecoins for Gaza

According to the Financial Times of the UK, the Gaza Reconstruction and Peace Committee established by U.S. President Trump in January 2025 is currently in the preliminary discussion stage, exploring whether to issue a dedicated stablecoin as a foundational tool for digital economic transactions among the post-war Gaza population. An informed source stated that the proposed stablecoin would serve as a digital transaction medium, not as a replacement for fiat currency, nor would it have meme coin characteristics. However, the report did not specify which entity would be responsible for issuing the scheme if it moves forward.

Peace Committee: Structure and Member Composition

Trump announced the establishment of the Gaza Reconstruction and Peace Committee in January 2025, requiring member countries to contribute $1 billion to secure a permanent and renewable seat. The United States committed to funding $10 billion. The committee currently has 26 founding member countries, including Israel, Saudi Arabia, Hungary, and El Salvador, while most major Western European countries have generally declined the invitation to join.

Key Data on Committee Formation

Member Seat Fee: $1 billion per country, seats are permanent and renewable

U.S. Commitment: $10 billion

Number of Founding Member Countries: 26, with major Western European countries absent

Establishment Date: January 2025

Stablecoin Proposal: Positioning, Regulatory Concerns, and Policy Background

An informed source indicated that the core positioning of the stablecoin under discussion is as “a means for Gaza residents to conduct digital transactions,” not intended to replace the current fiat currency system, nor as a speculative asset. However, Snir Levi, CEO of blockchain intelligence platform Nominis, told Cointelegraph that the proposal “is still premature.” He pointed out that over the past two years, Gaza’s off-exchange trading platforms have traded over $100 million in stablecoins with minimal regulatory restrictions. Without a comprehensive framework, the new scheme could face similar challenges.

On a policy level, the Trump administration has long supported expanding the legal use of stablecoins within the U.S. Trump himself signed the GENIUS Act in July 2025, establishing a legal framework for stablecoin regulation. This policy background provides institutional support for the committee’s internal discussions.

In addition to the stablecoin proposal, Trump and his son-in-law Jared Kushner have also proposed a land tokenization plan for post-war Gaza, exploring the feasibility of using digital tokens to assist residents during reconstruction. The Gaza Strip officially implemented a ceasefire agreement starting October 2025, but reports indicate repeated violations by Israeli forces, and the timeline for reconstruction remains uncertain.

Frequently Asked Questions

What is the positioning of the Gaza stablecoin under discussion by Trump’s Peace Committee?

According to an informed source, the stablecoin is intended as a digital transaction tool for Gaza residents, not to replace fiat currency, nor as a meme coin with speculative features. Its core function is to provide digital payment infrastructure during Gaza’s reconstruction, with the specific issuer currently undisclosed.

What is the GENIUS Act, and how does it relate to this plan?

The GENIUS Act, signed by Trump in July 2025, is a stablecoin regulation law that establishes capital requirements and compliance frameworks for stablecoin issuers. It reflects the U.S. government’s stance on legalizing stablecoins. This law provides the current regulatory environment basis for discussions about Gaza’s stablecoin.

What is the current status of digital asset use in Gaza?

Data from blockchain intelligence platform Nominis shows that in the two years before the ceasefire in October 2025, Gaza’s off-exchange trading platforms traded over $100 million in stablecoins without clear regulatory oversight. This data reflects the actual demand for digital payment tools locally and highlights regulatory gaps under the existing framework, serving as an important background for assessing the feasibility of Gaza’s stablecoin.