Glo Dollar price 


0.08% (1d)

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Glo Dollar statistics
Market cap


Volume (24h)


Volume/Market cap (24h)
Self-reported circulating supply
2,527,966 USDGLO
Total supply
2,527,966 USDGLO
Max. supply
Fully diluted market cap
USDGLO to USD Converter
Price performance
All-time high
Mar 11, 2024 (a month ago)
All-time low
Jan 03, 2024 (3 months ago)
See historical data
In watchlists61x
9532nd / 9.6K
Self-Reported Tags
StablecoinAsset-Backed StablecoinEthereum EcosystemShow all
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Glo Dollar news


About Glo Dollar

Glo is a nonprofit stablecoin whose msision is to end extreme poverty. Glo is fiat backed and pegged to the dollar. Like other stablecoins, Glo's reserves will be held in a mix of cash and short-term government bonds, specifically Treasury bills. When Glo earns interest on those T-bills, it will give away the proceeds to a nonprofit called GiveDirectly, which creates basic income for people in extreme poverty.

Over 700 million people live in extreme poverty, which is defined as living on less than $2.15 day. If T-bills earn their historical average return (3.37%), and Glo invests 80% of its reserves in T-bills, the Glo reserve will earn about 2.7% return on its market cap every year. A year's worth of basic income through GiveDirectly costs $480. Consequently, every $18,000 of Glo provides a basic income to one person in extreme poverty. If Glo becomes an $18 billion stablecoin, which would make it the third largest, that number rises to 1,000,000 people reached.

At 8-9% of all money, Glo could effectively end extreme poverty.

Glo is a nonprofit organization whose operations are funded by donors. Its executive team comprises Jeff Milewski (CEO), Garm Lucassen (CTO), and Jasper Driessens (CMO). Its homepage is and its white paper can be found here: