Glo Dollar (USDGLO) is the stablecoin that funds public goods. 🌈☀️

Stablecoin companies generate up to $7.4 billion annually from their stablecoin reserves. Our approach is different—we funnel all our profits to public goods and charities.

Holding Glo Dollars creates a virtuous cycle to grow ecosystems, instead of extracting yield for gains. By choosing Glo Dollar, you’re funding public goods. At no cost.

Glo Dollar is 100% fiat-backed, always redeemable 1:1 for USD and USDC, issued and regulated in the United States, and receives monthly independent attestations. Glo Dollar is available on 7 chains: Ethereum, Polygon, Optimism, Arbitrum, Celo, Stellar, and Base. We've just received a Bluechip rating, placing us among the top 10 fiat-pegged stablecoins with an initial B grade. This positions us as a safer option compared to Tether’s USDT, FDUSD, and FRAX.

Glo Dollar is developed by the Glo Foundation and is issued by Brale.

How it works

What happens when you buy Glo Dollars:

1. The fiat backing Glo Dollar is invested and earns revenue (similar to other stablecoins).
2. We donate 100% of our profits on these investments to public goods and charities.
3. You’re funding public goods at zero cost.

We call this Automatic Public Goods Funding (AutoPGF), because it is:

• Simple: just hold a stablecoin
• Zero-cost: holding a stablecoin is free
• Embeddable: in treasuries, payroll, card transactions, …

We’re building the world’s largest philanthropic funding mechanism

The current stablecoin market is ~$150 billion, enough to generate over $7 billion in public goods funding each year.

But there’s no reason to stop here. We’re making Glo Dollars as accessible as the US Dollar. Everywhere consumers and companies use money, they can use Glo Dollar instead.

The public goods and charities we fund

Choosing the causes to support is simple and can be done from our dApp. Right now, users can select 3 cause areas:

• Web3 public goods
• Fighting extreme poverty
• Combating climate change

We’ll add more causes on a rolling basis.

We’re shipping 3 big things in the upcoming months to onboard the next billion users

1. Glo Dollar credit cards, in collaboration with Rain. Glo Dollar credit cards will help us make Glo Dollar accessible for mainstream real-world usage. Users can replace their fiat backing with Glo Dollars and spend Glo Dollars anywhere Visa is accepted.
2. Centralized exchange listings. We’ll be pitching to CEXs such as Coinbase and Kraken.
3. Glo Dollar ubiquity through Glo payroll, Glo credit, Glo on/offramps, …

The Glo Foundation: our team

We’re a Public Benefit Corporation that receives fiscal sponsorship from Global Impact—who accept and process donations on our behalf.

Our mission: to unlock new sources of funding for public goods and charity.

We’re led by an experienced team with backgrounds in tech, academia, and crypto:

• Jasper (Co-founder & CEO), previously at Secfi, founded ASIF Ventures
• Garm (Co-founder & CTO), previously at Secfi, holds a PhD in Product Management from the University of Utrecht
• Lana (Partnerships), also involved with CharmVerse, Octant, Unlock Inc, and GreenPill
• Christine (Business Development), previously at the Stellar Development Foundation and Anchorage Digital
• Bram (Growth), previously at Google, Plan A

Relevant links
Our website: glodollar.org
Glo Dollar 2.0 announcement thread on X
Glo Dollar Bluechip rating
Glo Dollar X account
Glo Dollar Farcaster account
Glo Dollar Discord

We’re unlocking new sources of funding for charities and public goods.

We’re addressing two challenges—one within the crypto space and one in the broader world.

Within crypto: Most public goods funding models are unsustainable, relying heavily on donors and grant programs that are gradually drying up.

In the broader world: Charitable giving currently makes up just 2% of US GDP. By integrating zero-cost philanthropy into our currency, we can transform everyday transactions into a powerful source of funding for good.

In the US, charitable giving has consistently been about 2% of the total GDP. Compared to other developed nations, that’s quite generous.

Yet, when you think about it, 2% is still a small slice of the pie.

We are building the world’s largest philanthropic funding mechanism, by embedding zero-cost philanthropy into currency.

By making it effortless and zero-cost to give, we can tap into a much larger portion of the economy, turning everyday transactions into philanthropic action.

We’ve created a currency called Glo Dollar; a stablecoin pegged to the US dollar.

Stablecoin companies generate up to $7.4 billion annually from their stablecoin reserves already. Our approach is different—we funnel all our profits to charitable causes.

What happens when someone exchanges US dollars or other currencies for Glo Dollars:

The fiat backing Glo Dollar is invested and earns revenue;
We donate 100% of our profits on these investments to charities;
Glo Dollar users are funding charities at no cost to them.

More info here: https://www.glodollar.org/articles/how-glo-dollar-works

People are already using Glo Dollars for remittances and cross-border payments. They’re also using them to donate to charity, multiplying their philanthropic impact. For crypto users and organizations, Glo Dollars offer stability and a way to integrate zero-cost philanthropy seamlessly. Some organizations have even purchased six-figure amounts to support charities at no cost to them.

In 2025, we’ll roll out Glo Dollar credit cards. This will simplify everyday use for those not involved in crypto.

Our goal is to make Glo Dollar a universal currency, accessible to everyone.

Global