Alternatives

Products that do what Glo Dollar – the antipoverty stablecoin does

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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