Gaza Reconstruction May Involve US Backed Stablecoin

Can crypto become a tool for geopolitical reconstruction? Indeed, the “Board of Peace” created by Donald Trump is studying the hypothesis of a dollar-backed stablecoin to support efforts in Gaza. In a territory where the banking system is largely destroyed and financial flows remain unstable, this approach places cryptos at the heart of an unprecedented debate mixing finance, regulation, and international influence.

A Dollar-Backed Stablecoin to Support Gaza’s Economy

The “Board of Peace”, established by Donald Trump in early 2026, is examining the possibility of introducing a stablecoin intended to serve as a payment method for Gaza’s inhabitants, while these cryptos are increasingly used in daily life. The project would be supported by a $10 billion US commitment, supplemented by over a billion dollars promised by other council member countries.

The factual elements reported are as follows :

• The stablecoin would be designed as a “digital transaction medium”, not as a new national currency ;
• It would be pegged to the US dollar to ensure value stability ;
• The initiative aims to operate in a territory where the traditional banking system is largely disorganized ;
• The project is at a preliminary exploratory stage.

The stated goal is to provide a digital payment infrastructure capable of facilitating daily transactions in a context where traditional financial channels are largely inoperative. No detailed technical architecture has yet been published, and concrete modalities remain to be defined.

Regulation, Risks, and Debates Around a Sensitive Initiative

Beyond the announcement, several voices in the crypto sector have expressed questions about the feasibility and risks of such a system. According to on-chain data, more than $100 million have already transited via stablecoins in the region without strict supervision, a precedent that fuels concerns about control and compliance. The absence of a clear regulatory framework in Gaza complicates the perspective of a secure deployment, especially regarding anti-money laundering and the traceability of flows.

The project also takes place in a context of increased regulation of stablecoins in the United States, where legislative discussions aim to more strictly regulate these financial instruments. The use of a dollar-backed crypto in a territory under reconstruction therefore raises questions of governance, supervision, and international coordination. Some observers highlight that the dominance of American stablecoins in the global market could grant Washington additional indirect financial influence.

At this stage, the project remains hypothetical, without a defined timeline or architecture. However, it reveals a notable evolution: stablecoins are no longer just market tools but instruments considered for reconstruction and influence issues. Between financial innovation and regulatory constraints, the future will depend as much on political choices as on supervision guarantees.