DeFi
Homebase:
San Francisco
,
USA
Team size:
21-50
Established:
2022
Token:
$GLO
Description:
Glo Dollar is a fiat-backed stablecoin that generates basic income for people in extreme poverty.
Celo impact:
Glo Dollar provides a means for individuals to access basic income and supporting initiatives like GiveDirectly to empower impoverished communities, Glo Dollar contributes to financial inclusion, poverty alleviation, and social impact within the Celo ecosystem.
Milestones
1.
Glo Dollar has started the Glo consortium, this strategic alliance brings together various stakeholders committed to leveraging Glo Dollar's innovative approach to combat extreme poverty through digital currency.
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