PANews reported on February 24th, citing the Financial Times, that five sources familiar with the matter revealed that officials working with Trump's Peace Commission are exploring the possibility of establishing a stablecoin for Gaza to revitalize the economy of this war-torn Palestinian enclave. Discussions surrounding the introduction of a stablecoin are still in their early stages, and many details regarding its implementation in Gaza remain to be determined. However, officials have already discussed the idea as part of the enclave's future plans. One source stated that the stablecoin is expected to be pegged to the US dollar, and it is hoped that companies from Gulf Arab states and Palestine with expertise in digital currencies will take the lead. The source added, "This will not be a 'Gaza dollar' or a new Palestinian currency, but rather a tool for enabling digital transactions for the people of Gaza."


