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Independent Glo Dollar attestations
We’re pleased to announce that independent attestations of Glo Dollar (USDGLO) are now available, asserting that the value of assets in reserve equals the number of Glo Dollar issued.
December 6, 2023
Articles
Glo Dollar attestations
Independent Glo Dollar attestations
We’re pleased to announce that independent attestations of Glo Dollar (USDGLO) are now available, asserting that the value of assets in reserve equals the number of Glo Dollar issued.
December 6, 2023
Monthly attestations now available
Monthly attestation reports are issued by Abdo, an independent third-party accounting firm, in line with AICPA standards.
Our issuance provider Brale shares the monthly attestations on its website, and the first attestation for October can be downloaded below.
Daily reporting of reserves
Beyond the monthly independent attestations, Brale also self-reports outstanding supply and reserves of USDGLO to support additional transparency. Ups and downs of the reserves can be viewed day by day.
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In this program, GiveDirectly identifies impoverished African villages to give their citizens $30 per month, transferred via mobile money technology, for 3-5 years. For people living on less than $2/day this is a transformational amount.
Glo's economic model is to invest its reserve in short-term Treasury bills and give the proceeds away entirely to GiveDirectly.
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Monthly attestations now available
Monthly attestation reports are issued by Abdo, an independent third-party accounting firm, in line with AICPA standards.
Our issuance provider Brale shares the monthly attestations on its website, and the first attestation for October can be downloaded below.
Daily reporting of reserves
Beyond the monthly independent attestations, Brale also self-reports outstanding supply and reserves of USDGLO to support additional transparency. Ups and downs of the reserves can be viewed day by day.
Worldwide • Full remote
Worldwide • Full remote
Worldwide • Full remote
