Glo Dollar is a fiat-backed stablecoin that funds public goods.
With Glo Dollar, you can help fund public goods and charitable causes just by holding a stablecoin. It's a new, donationless form of philanthropy.
Glo Dollar allows you, the holder, to choose which causes to support. That includes poverty alleviation, decarbonization programs, and Web3 open source initiatives. At zero cost to you. We’ll refer to this as AutoPGF (Automatic Public Goods Funding).
‍That's right—you're funding public goods without having to give away money.
1. You buy Glo Dollar (USDGLO)
- A stablecoin 100% backed by cash and USÂ Treasuries
- Always redeemable 1:1 for USÂ dollars
- Monthly reserve attestations
- Audited smart contracts
- Available on Ethereum, Polygon, Stellar, Base, Optimism, Arbitrum, and Celo.
2. The fiat backing Glo Dollar will be invested and earn revenue
For each Glo Dollar in circulation, there's at least $1 of cash and/or USÂ Treasuries.
The USÂ Treasuries earn interest, which becomes revenue. This is how most stablecoin companies make money.
3. We use our portion of the revenue to fund public goods
The revenue is split between us (the Glo Foundation) and our issuance partner.
The Glo Foundation will donate every dollar to charities selected by Glo Dollar holders.
The more money we earn → the more we donate → the more charitable causes will be helped.
4. You’re funding public goods without donating a penny
This is the magic of Glo Dollar. Simply by holding a stablecoin, you’ll set us up to help fund public goods and charitable causes.
How to buy Glo Dollar
If you are a business or a DAO
Please share your details here. We’ll follow up with you within 24 hours with information about where to purchase and redeem Glo Dollar.
The venues from which you can purchase Glo Dollar is dependent on your jurisdiction so we’ll let you know what options are available to you.
If you are an individual
Developed by the Glo Foundation
The Glo Dollar is developed by us, the Glo Foundation. We're a Public Benefits Corporation that receives fiscal sponsorship through Global Impact. The Glo Foundation is generously funded by donors. This allows us to donate 100% of the revenue we earn from Glo Dollar's reserves to charitable causes.
See About Us for more information.
Issued by Brale
The Glo Foundation has selected Brale Inc. (NMLS ID #2376957) to serve as issuer of the Glo Dollar. As issuer, Brale is responsible for maintaining adequate liquidity to meet redemption obligations and has discretion over the allocation of the reserves. The assets backing the Glo Dollar are held as cash, cash equivalents and short term US government backed debt (e.g. US Treasuries).
To learn more about the partnership between Brale and the Glo Foundation, read the announcement.
This could be the info box
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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Glo Dollar is a fiat-backed stablecoin that funds public goods.
With Glo Dollar, you can help fund public goods and charitable causes just by holding a stablecoin. It's a new, donationless form of philanthropy.
Glo Dollar allows you, the holder, to choose which causes to support. That includes poverty alleviation, decarbonization programs, and Web3 open source initiatives. At zero cost to you. We’ll refer to this as AutoPGF (Automatic Public Goods Funding).
‍That's right—you're funding public goods without having to give away money.
1. You buy Glo Dollar (USDGLO)
- A stablecoin 100% backed by cash and USÂ Treasuries
- Always redeemable 1:1 for USÂ dollars
- Monthly reserve attestations
- Audited smart contracts
- Available on Ethereum, Polygon, Stellar, Base, Optimism, Arbitrum, and Celo.
2. The fiat backing Glo Dollar will be invested and earn revenue
For each Glo Dollar in circulation, there's at least $1 of cash and/or USÂ Treasuries.
The USÂ Treasuries earn interest, which becomes revenue. This is how most stablecoin companies make money.
3. We use our portion of the revenue to fund public goods
The revenue is split between us (the Glo Foundation) and our issuance partner.
The Glo Foundation will donate every dollar to charities selected by Glo Dollar holders.
The more money we earn → the more we donate → the more charitable causes will be helped.
4. You’re funding public goods without donating a penny
This is the magic of Glo Dollar. Simply by holding a stablecoin, you’ll set us up to help fund public goods and charitable causes.
How to buy Glo Dollar
If you are a business or a DAO
Please share your details here. We’ll follow up with you within 24 hours with information about where to purchase and redeem Glo Dollar.
The venues from which you can purchase Glo Dollar is dependent on your jurisdiction so we’ll let you know what options are available to you.
If you are an individual
Developed by the Glo Foundation
The Glo Dollar is developed by us, the Glo Foundation. We're a Public Benefits Corporation that receives fiscal sponsorship through Global Impact. The Glo Foundation is generously funded by donors. This allows us to donate 100% of the revenue we earn from Glo Dollar's reserves to charitable causes.
See About Us for more information.
Issued by Brale
The Glo Foundation has selected Brale Inc. (NMLS ID #2376957) to serve as issuer of the Glo Dollar. As issuer, Brale is responsible for maintaining adequate liquidity to meet redemption obligations and has discretion over the allocation of the reserves. The assets backing the Glo Dollar are held as cash, cash equivalents and short term US government backed debt (e.g. US Treasuries).
To learn more about the partnership between Brale and the Glo Foundation, read the announcement.