Glo Dollar

The primary goal of Glo Dollar is to fund public goods by donating all profits from its reserve investments to charitable causes, allowing users to support these initiatives at no additional cost.

Users can participate by purchasing and holding Glo Dollars, integrating Glo Dollar into their financial activities such as payroll or treasury management, and voting on the causes they wish to support.

Glo Dollar differentiates itself by allocating 100% of its profits to public goods, unlike other stablecoins that retain profits. This model enables users to contribute to charitable causes effortlessly.

Glo Dollar is fully backed by fiat currency, primarily short-term US Treasury bills held in segregated accounts by audited financial institutions. Regular independent reserve attestations ensure transparency and security.

Potential risks include market volatility, regulatory changes, and the operational risks associated with managing reserve assets. Glo Dollar mitigates these risks through transparent reserve management and compliance with regulatory standards.