Morocco has signed a formal agreement with the Gaza Board of Peace to join the International Stabilization Force, becoming one of the most significant Arab participants in the US-led reconstruction framework. The move, announced in June 2026, puts Rabat alongside Albania and Greece, which also committed troops around the same period.
Background of the Board of Peace
The Board of Peace was established at the World Economic Forum in Davos in January 2026, spearheaded by former President Donald Trump as the governance and rebuilding vehicle for post-conflict Gaza. Its legal mandate traces back to UN Security Council Resolution 2803, adopted on November 17, 2025, which authorized the international stabilization framework. Morocco ratified the BoP charter on January 19, 2026, positioning itself as an early member before the formal ISF commitment.
The Board grew out of Trump's 20-point peace plan for Gaza, introduced in September 2025. The broader vision is a rebuilt Gaza eventually handed to a reformed Palestinian Authority, with the BoP acting as interim governance.
Reconstruction costs and stablecoin exploration
Total rebuilding costs for Gaza are estimated to exceed $70 billion, while BoP member states have pledged between $5 billion and $17 billion so far. To address liquidity in a war-torn economy with little conventional banking, the BoP has been exploring a USD-pegged stablecoin for digital payments within Gaza. The idea surfaced publicly in February 2026, with Israeli tech entrepreneur Liran Tancman acting as unpaid adviser. No tokens have been launched, and the initiative remains in preliminary discussion. US Senators Jeff Merkley and Elizabeth Warren raised concerns in April 2026 about oversight and past aid distribution problems.
Significance of Morocco's commitment
Morocco's participation lends regional legitimacy to the BoP, as Rabat has positioned itself as a bridge between the Arab world, Africa, and Western diplomatic circles. The Abraham Accords, which normalized Moroccan-Israeli relations in 2020, form part of the diplomatic backdrop. For the reconstruction economy, each new ISF signatory adds practical capacity and political cover for funding commitments. The wide range of pledges—$5 billion to $17 billion—signals that not all commitments are equally firm. Investors watching the stablecoin space should treat the BoP discussion as a long-duration signal rather than a near-term catalyst, as nothing has launched and political scrutiny is active.