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🦄 It’s happening. Glo Dollar (USDGLO) is now live on Uniswap.

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Glo Dollar

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Market cap:

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*Brale Inc. (NMLS ID #2376957) serves as issuer of the Glo Dollar (Ticker: USDGLO). As issuer, Brale is responsible for maintaining adequate liquidity to meet redemption obligations and has discretion over the allocation of the reserve between cash and investments. The assets backing the Glo Dollar will be held as cash, cash equivalents and short term US government backed debt (e.g. US Treasuries). Brale initially retains 100% of the earnings on the first $2M of assets backing the Glo Dollar. As market cap grows beyond $2M, the Glo Foundation starts to receive an increasing share of these earnings, which will be donated to GiveDirectly.

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