USDGLO
Glo Dollar
Overview
Glo Dollar (ticker: 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 100% of our profits to charitable causes and public goods.
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.
Read moreType
Fiat-backed. Redeemable one-to-one for US dollars.
Summary
Lift people out of extreme poverty by adopting the Glo Dollar– a stablecoin developed by the Glo Foundation and issued by Brale.
Attestations
Brale asserts that the balance of treasury assets is equal to or greater than the tokens issued, as of the following dates and as detailed below.
Attestations
Balance as of September 30, 2023
Monthly Reserve Reports
Monthly reports are issued by an independent accounting firm to provide assurance that the value of stablecoin reserves are equal to the amount in circulation. Reports are prepared according to the attestation standards of the American Institute of Certified Public Accountants (AICPA).