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    Hi everyone! I just shipped a crypto project which I think all of you might actually like. It’s a digital dollar that helps end extreme poverty called Glo Dollar. We're backed by Sid Sijbrandij (GitLab). How it works: 1. You buy $1 Glo Dollar for $1 USD 2. Our partners invest the $1 USD in US Treasuries 3. Revenue we make we donate to a charity called GiveDirectly.org who use it to fund basic income programs for people in extreme poverty Note that you can _always_ redeem your $1 Glo Dollar for $1 USD again. We’re doing this because we believe stablecoins are a public good and should be…

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    Stablecoins are one of the few areas in crypto where end users receive value, other than speculation This wasn’t always the case, but for years people speculated that it would be the holy [grail of internet currency.](https://news.ycombinator.com/item?id=14026339) Now that TVL is in the hundreds of billions, and volume in the tens of billions, [governments](https://news.ycombinator.com/item?id=29071895) and [the fed](https://news.ycombinator.com/item?id=30167748), are realizing that there’s actually something here. Stablecoins will disrupt many…

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