Glo Dollar – the antipoverty stablecoin
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…
Glo Dollar – the antipoverty stablecoin launched on August 2, 2023 with 18 votes, #1,556 of 4,347 launches that month and more than 75% of that year's launches. The site was still online in September 2026, 3 years on.
In plain words
Glo Dollar is a stablecoin where users buy digital dollars backed one-to-one by US Treasuries. For every dollar purchased, the revenue generated is donated to GiveDirectly, a charity funding basic income programs in areas of extreme poverty. Users can redeem their Glo Dollar for USD at any time. The project aims to make stablecoins function as a public good rather than generate private profits.
written from the facts on this page · September 2026
From the sources
Fund public goods by hodling a stablecoin. Unlike other stablecoin companies, we donate all our profits to charity. This unlocks up to $7.4 billion in funding for public goods and charitable causes.
Glo Dollar lets you fund your favorite organizations. Vote on fighting extreme poverty, strengthening Web3 public goods, or combating climate change, among other causes. We donate our profits to organizations of your choice. Here's what happens when you buy Glo Dollar: 1. The fiat backing Glo Dollar is invested and earns revenue. 2. We donate 100% of our profits on these investments to public goods and charities. 3. You’re funding public goods at zero cost. It’s got the basics you’d expect from a stablecoin: 100% backed, always 1:1 redeemable, US regulated, monthly independent reserve attestations. On top of all of that, you’re funding your favorite public goods. It’s a no-brainer. Use Glo…from glodollar.org
In the maker’s words, at launch
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…
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