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.”

Original article (paywalled)

  • phutatorius@lemmy.zip
    link
    fedilink
    English
    arrow-up
    15
    ·
    3 months ago

    Another grift emerges. It’s like the only thing he can do is be a corrupt piece of shit.

  • Devolution@lemmy.world
    link
    fedilink
    English
    arrow-up
    9
    ·
    3 months ago

    The grift. It just continues. Knowing our luck, Trump will destroy earth and move his grift to Alpha Centauri. 10 year old green girls all the way.

  • Wildmimic@anarchist.nexus
    link
    fedilink
    English
    arrow-up
    7
    ·
    3 months ago

    Trump reportedly mulled a plan to tokenize land and use digital tokens to relocate and rehouse residents during a US occupation of the territory. He said in February 2025 that the US should “take over” Gaza and make it the “Riviera of the Middle East” before a ceasefire was in place.

    Gentrification of Gaza incoming.

  • Rentlar@lemmy.ca
    link
    fedilink
    English
    arrow-up
    6
    ·
    3 months ago

    Every part of this “Board of Peace” plan is designed to funnel money to Trump connected entities. Perhaps next meeting they’ll discuss opening Trump’s 7th casino attempt in the Gaza strip.

  • Viking_Hippie@lemmy.dbzer0.comBanned
    link
    fedilink
    English
    arrow-up
    6
    ·
    3 months ago

    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.

  • m4xie@lemmy.ca
    link
    fedilink
    English
    arrow-up
    2
    ·
    3 months ago

    I wouldn’t bet in crypto, but I especially won’t bet on Peace in the Middle East coin