A Financial Times report suggested that the 'Board of Peace' established by Donald Trump is considering stablecoins as part of its efforts claiming to help rebuild Gaza. According to a Monday Financial Times report, the board is in the preliminary stages of discussing whether a stablecoin could be used to help rebuild Gaza’s economy. A person familiar with the project reportedly said the stablecoin would not be a meme coin or a replacement for fiat currency, but rather “a means to allow Gazans to transact digitally.”

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