Glo Dollar – zero-cost philanthropy

Show HN: Glo Dollar – zero-cost philanthropy

Glo Dollar – zero-cost philanthropy is a company in show hn launch.

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Hi everyone!I just shipped a crypto project which I think all of you might actually like. It’s a digital dollar that helps end extreme poverty called Glo Dollar. We're backed by Sid Sijbrandij (GitLab).How it works:1. You buy $1 Glo Dollar for $1 USD2. Our partners invest the $1 USD in US Treasuries3. Revenue we make we donate to a charity called GiveDirectly.org who use it to fund basic income programs for people in extreme povertyNote that you can _always_ redeem your $1 Glo Dollar for $1 USD again.We’re doing this because we believe stablecoins are a public good and should be managed as one. At the moment, the two big stablecoin companies are making record profits for a tiny group of shar

As a business in show hn launch, Glo Dollar – zero-cost philanthropy is listed here with the public details available about it.

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Website: www.glodollar.org