Coala Pay is the first recipient of funding from our new ‘Strengthen Humanitarian Aid’ Cause Area, supported by The Stellar Development Foundation following their $250,000 donation to The Glo Foundation.

Coala Pay is a last mile money movement and management platform purpose-built for the international aid sector. They help INGOs, foundations, corporate, and government donors to reduce inefficiencies and make good on the promise of localisation.

Use Glo Dollars on Stellar to improve aid funding, at no cost to you as a Glo Dollar user

Thanks to the Stellar Development Foundation (SDF), we’ve added Coala Pay as a recipient for Glo Dollar funds. 

Now, ^{Glo Dollars on Stellar are powering international aid efforts and supporting a better future for all}.

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Glo donates 100% of its profits. How that works on Stellar:

1. You buy Glo Dollars
2. The fiat backing Glo Dollar is invested and earns revenue
3. The Glo Foundation uses its portion of the revenue to support Coala Pay
4. ^{Glo Dollar users on Stellar can make aid funding better for everybody automatically, without having to make an additional donation}

Coala Pay will be the default funding option if you buy Glo Dollars on Stellar. With the Glo Dollar app, you can choose to change your cause area to address a wide range of critical issues, such as fighting extreme poverty, combating climate change, or funding Web3 public goods.

If you’re using Glo Dollars on another chain, you can also select Coala Pay to be the Funding Recipient of your Glo Dollar holdings:

1. Go to app.glodollar.org and connect your wallet. 
2. You'll automatically see your Glo Dollar holdings and the expected funding generated with your Glo Dollars.
3. Click on the Cause Area shown next to the ⚙️ symbol.

Why supporting Coala Pay makes a difference

Sending money to a local aid organization halfway around the world should be as easy as donating to a crowdfunding campaign.

Legacy financial systems weren’t built for international aid. They make it harder to help during crises and slow down the aid process.

Coala Pay is changing that. Its tools help aid organizations deliver faster, cheaper support. By leveraging Web3, Coala Pay directs more funds to grassroots organizations working locally.

^{International aid should feel like mutual aid.} And with anticipated shortfalls in aid funding, Glo holders have an opportunity to step in—helping bridge critical gaps and ensure frontline organizations get the support they need.

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