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Glo Dollar
Glo Dollar is a stablecoin that channels all profits to charitable causes selected by holders through a voting mechanism.
Distributed
Description
Glo Dollar operates a philanthropic stablecoin model where revenue from treasury reserves backs automatic donations to public goods. Holders select funding recipients including poverty alleviation, climate programs, and Web3 open-source initiatives. Developed by the Glo Foundation with fiscal sponsorship through Global Impact. The model generates donations from reserve interest without requiring holders to make direct contributions.Grant Funding
VC Funding
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