Glo Dollar
Since
2022
About
Empower public goods and charities with seamless stablecoin support
Glo Dollar is a unique stablecoin by the Glo Foundation that donates all profits to fund public goods and charities, unlocking up to $7.4 billion in support. Through AutoPGF, holders choose causes like fighting poverty, advancing Web3 open source, or combating climate change. This mission-driven approach transforms stablecoin profits into impactful social funding, empowering holders to make meaningful contributions effortlessly.
Use Cases
Charitable Giving Made Easy
Holders donate profits from stablecoin investments to fund causes like poverty,climate change, and Web3 development.
Decentralized Cause Voting
Users vote with their Glo Dollar holdings on which public goods or charitiesreceive funding monthly.
Corporate Treasury Management
Businesses use Glo Dollar as a stable, profit-generating treasury asset that supports social impact projects.
Sustainable Payroll Payments
Employers pay employees in Glo Dollar, enabling workers to support charitable causes through their salary holdings.
Key Features
Web3 Stablecoin for Public Goods
- Glo Dollar is a stablecoin that directs profits to public goods and charities,allowing users to vote on the causes to be funded.
- It functions similarly to USDC, maintaining a 1:1 backing and adhering to US regulations with monthly reserve attestations.
- Glo Dollar is integrated into the Coinbase Wallet as a Top App, enhancing itsvisibility and accessibility within the Web3 ecosystem.
- The stablecoin is available on multiple blockchain networks, includingEthereum, Polygon, Celo, Optimism, Base, Arbitrum, Stellar and VeChain,increasing its interoperability.
- Brale Inc. is the issuer of Glo Dollar, responsible for maintaining liquidity and managing the reserve assets,which are held in cash, cash equivalents, and short-term U.S. government-backed debt.
Community and Partnerships
- The Glo Consortium comprises over 70 organizations that adopt, donate, orbuild with Glo Dollar to fund causes at no cost.
- Glo Dollar has received support and endorsements from various figures in theWeb3 and crypto space.
- The organization behind Glo Dollar is registered as a Public BenefitCorporation in Delaware and is fiscally sponsored by Global Impact.
- Glo Dollar facilitates funding for various organizations driving change, withdonations exceeding $3,000 per month.
- The stablecoin promotes community engagement through platforms like Discord,X, Farcaster, and LinkedIn, fostering discussions and updates.
Garm Lucassen
(CMO)
Jasper Driessens
Headquarters
🇺🇸 San Francisco, California
Website
glodollar.org
7.4B
funding for public goods
350K+
Glo Dollar holders
