DescriptionGlo Dollar - USDGLO, is a stablecoin 100% backed by cash and US Treasuries, redeemable 1:1 for US dollars that aims to generate basic incomes for people in extreme poverty
Category:fiat-backed
Minting and RedemptionUSDGLO, issued by Brale Inc., and backed by cash, cash equivalents, and short-term U.S. government debt, with Brale ensuring liquidity to meet redemption obligations and managing reserve allocations