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.”
Reminder: Donald Trump, who held zero cryptocurrency before becoming president, now has significantly more wealth in crypto than everything else combined.
If you think any crypto initiative involving him in any way is not a way to make it easier for bad actors to bribe the current infestant of the US’ most famous slave-built mansion with zero transparency, I have a mountain chalet in Florida to sell you.