Glo Dollar
@glodollar
📣 Glo Dollar 2.0: the stablecoin that funds public goods Starting today, we're unlocking $7.4B in funding for public goods and charity Here's how you can help by choosing Glo Dollars instead of e.g. USDT ↓ 🌈 ↓ ☀️ ↓
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Glo Dollar
@glodollar
Stablecoins yield ~$7.4 billion per year It all goes to the stablecoin companies, extracting value created by the crypto ecosystem Choose the stablecoin that funnels its profits to public goods instead & create a virtuous cycle for the ecosystem in the process
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Glo Dollar
@glodollar
You decide which causes we support. 1 Glo Dollar = 1 vote. Fund what matters to you: - Fighting extreme poverty - Web3 public goods - Combating climate change At zero cost to you. Try it on https://app.glodollar.org
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Glo Dollar
@glodollar
We call this AutoPGF —Automatic Public Goods Funding— because it's: ▪ Simple - just hold a stablecoin ▪ Zero-cost - holding a stablecoin is free ▪ Embeddable - in treasuries, card transactions, payroll, etc etc
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Glo Dollar
@glodollar
So 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. AutoPGF 🪄
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