Trump’s Peace Board considers imposing a stable currency in Gaza linked to the dollar and created by an Israeli

February 24, 2026 Remington Norris News 0

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Trump’s Peace Board is studying creating a stable currency linked to the dollar for the economic reconstruction of Gaza.

The project is led by Liran Tancman, an Israeli technology executive and advisor to the Peace Board.

The initiative seeks to replace cash, making it difficult to finance Hamas, and facilitate digital transactions in the Strip.

The goal is to attract investment from Gulf Arab countries and overcome the banking and cash crisis caused by the war.

Members of the Trump’s Peace Board, the group tasked with rebuilding Gaza, explore creating a stablecoin for the Strip as part of efforts to restructure the economy of the devastated Palestinian territory.

It would be a type of cryptocurrency whose value would be linked to a conventional currency, such as the dollaraccording to informa Financial Times.

Behind this project this Liran Tancman, an Israeli technology executive and former reservist, who currently works as an advisor to this Peace Board.

Talks about this currency are at a preliminary stage, but this option has already been put on the table, although no details have been revealed of how this currency will be introduced in the Gaza Strip, where the activity economy has collapsed after two years of war.

Furthermore, the banking system and traditional payments have been severely affected and are almost non-existent due to the destruction of banks and ATMs. Also because Israel has blocked cash deliveries to the Strip.

Financial Times points out that the objective is “dry Gaza of all cash so Hamas can’t generate any.”

Prime Minister Pedro Sánchez speaks during a press conference after attending a special summit of European Union leaders on Greenland.

Attract Gulf countries

This medium points out that this coin stable could be linked to the dollar for companies from Gulf Arab countries to help lead the effort.

“This will not be a Gaza currency not a new Palestinian currency, but a means for Gazans ton carry out digital transactions”a source has declared to the economic newspaper.

Currently, the Palestinian Monetary Authority It acts as the central bank for both the occupied West Bank and Gaza. However, noor has the power to issue its own currency and the official currency in the Palestinian territories is the Israeli shekel.

While dollar transactions occur in Gaza, they are limited compared to those in shekels.

Since the start of the war between Israel and Hamas in 2023, access to physical shekels in Gaza has been severely limited.

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