Glo Dollar
Issuers
Spend with purpose, change the world - your money, your vote, zero cost.
Founders
Garm Lucassen (Co-founder & CEO)
Jasper Driessens (Co-founder & CMO)
Launch Date
2022
Key Investors
About
Glo Dollar is a revolutionary stablecoin created by the Glo Development Foundation that combines traditional stablecoin features (100% backed, 1:1 redeemable, US regulated) with automatic public goods funding. Unlike competitors, Glo donates 100% of profits from reserve investments to causes voted on by users—fighting poverty, supporting Web3 infrastructure, or combating climate change. Each Glo Dollar equals one vote, allowing holders to fund what matters at zero cost while using a secure, multi-chain digital currency.
350K+
Glo Dollar holders
$7.4B
Yearly stablecoin earnings
Use Cases
- Ethical Investment Portfolio - Investors can include Glo Dollar in their cryptocurrency portfolio to earn stable returns while automatically supporting public goods and charitable causes.
- Donation-Free Philanthropy - Users can contribute to poverty reduction and public goods funding simply by holding Glo Dollars instead of traditional stablecoins, without direct donations.
- Stable Cross-Border Transactions - International organizations can use Glo Dollar for stable value transfers across borders while simultaneously supporting global humanitarian initiatives.
- Corporate Social Responsibility - Companies can hold treasury reserves in Glo Dollar to meet ESG goals, showcasing commitment to social impact while maintaining stable value of corporate funds.
Glo Dollar's Role in Public Goods Funding
- Donates 100% of its profits to public goods and charities
- Holders can vote on the causes to be funded
- Aims to unlock up to $7.4 billion in funding for public goods and charitable causes
- Integrates giving into money by donating profits to organizations of user's choice
- Has donated $18,939 to date
Glo Dollar as a Stablecoin
- Functions as a stablecoin similar to USDC
- Is 100% backed and always 1:1 redeemable
- US regulated with monthly independent reserve attestations
- Available on Ethereum, Polygon, Celo, Optimism, Base, Arbitrum and Stellar
- Issued by Brale Inc. under the ticker USDGLO
Trusted by
Stellar Development Foundation, Polygon Labs, Shutter DAO 0x36, Gitcoin, Optimism, Arbitrum, Sijbrandij Foundation, Keyrock, Mento, Regen.tips, Brale, Giveth, Refi Medellin, CCN, FundingTheCommons, Acctual, GoodDollar, Milk Road
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