Trump Board Unveils $115B Gaza Plan With Stablecoin Component

Board Unveils $115B Gaza Plan Conditional on Disarmament

A "Board of Peace" initiated by U.S. President Donald Trump has outlined an ambitious reconstruction plan for Gaza valued at a potential $115 billion, contingent entirely on the full disarmament of Hamas. The plan includes the construction of 400,000 new homes and $30 billion in infrastructure projects, from hospitals and schools to a new seaport and airport. The effort is underpinned by significant financial commitments, with $6.5 billion already pledged by countries including the United Arab Emirates ($1.2 billion), Qatar ($1 billion), and an initial U.S. commitment of $1.25 billion, supplemented by a further $10 billion pledge from the U.S. government.

The project's execution is tied to a staged demilitarization process for Hamas, involving the surrender of heavy weaponry, dismantling of tunnels, and finally, the handover of small arms. To oversee security, an International Stabilization Force of 20,000 troops from five Muslim-majority countries is expected to deploy, starting at the Rafah crossing in May. Board members have emphasized the conditionality of the funds, with Israeli representative Yakir Gabay stating in closed forums that "not a single dollar can be transferred" unless Hamas lays down its weapons.

Proposed Stablecoin Enters Existing $100M Gaza Crypto Market

As part of the economic rebuilding, the board is in preliminary discussions to create a stablecoin. According to sources familiar with the project, the digital currency would not be a speculative asset but rather "a means to allow Gazans to transact digitally." This initiative aims to provide a modern and transparent financial layer for the new economy, moving away from systems that could be exploited.

However, this proposed stablecoin would enter a market with pre-existing, unregulated crypto activity. According to Snir Levi, CEO of blockchain intelligence firm Nominis, over $100 million in stablecoins have already moved through over-the-counter (OTC) desks in Gaza in the last two years with minimal restrictions. This indicates a clear local demand for digital currency but also highlights the challenge of implementing a formal, regulated system in a complex environment.

Plan's Success Hinges on Disarming an Unwilling Hamas

The entire multi-billion dollar framework faces a critical, binary point of failure: Hamas's willingness to disarm. Despite the significant financial incentives offered, Hamas has publicly reaffirmed its intention to retain its weapons and is actively working to restore its military and governmental capabilities. The group's refusal to demilitarize stands in direct opposition to the plan's foundational requirement, creating a significant gap between the board's vision and the reality on the ground.

This core conflict renders the project's timeline and feasibility highly uncertain. While the International Stabilization Force has troop pledges, no participating nation has indicated a willingness to forcibly disarm Hamas. The outcome of the entire $115 billion initiative, therefore, depends on a political decision from Hamas leadership. Senior board officials describe the situation as "very binary," where a positive decision allows everything to move forward, while a negative one ensures "nothing happens."