USDGLO, issued by Brale Inc. and operated by the Glo Foundation, is a fiat-backed U.S. dollar (USD) stablecoin whose reserve interest is donated to public goods and charities rather than paid to holders. [S1][S2]

USDGLO tracks the U.S. dollar (USD) at a 1:1 peg, with at least 1 USD of reserves held per token in cash, cash equivalents, and short-term U.S. Treasuries. [S2][S3] Holders receive no yield and bear no fees; the philanthropic model operates at zero cost to holders. [S2][S4] Interest earned on reserve Treasuries becomes revenue donated monthly to causes, with GiveDirectly as the default recipient and 1 USDGLO conferring one allocation vote. [S2][S4]

Brale Inc. is the U.S.-based issuer of record, selected by the Glo Foundation, a Public Benefit Corporation fiscally sponsored through Global Impact that directs donations. [S2] Brale is a FinCEN-registered Money Services Business (MSB), NMLS ID #2376957, holding and investing the reserves with discretion over allocation. [S2][S3] The token is presented as a USD-pegged stablecoin redeemable 1:1 for 1 USD, not as a security or investment vehicle. [S1][S2] Direct issuance and redemption with Brale are limited to U.S.-based businesses headquartered in most U.S. states, the District of Columbia, and Puerto Rico; anyone may acquire USDGLO via decentralized exchanges or OTC desks. [S5]

USDGLO is an ERC-20 token with 18 decimals, natively deployed on Ethereum and bridged to Polygon, Celo, Optimism, Base, Arbitrum, and VeChain, with a separate native deployment on Stellar. [S6] Brale mints tokens onchain against offchain Treasury reserves and redeems directly at 1 USD per token. [S2][S5] Independent monthly attestations under AICPA standards confirm reserves equal tokens issued. [S2][S3]

<Sources
  retrievedAt="2026-06-22"
  items={[
    { id: "S1", url: "https://www.glodollar.org/" },
    { id: "S2", url: "https://www.glodollar.org/articles/how-glo-dollar-works" },
    { id: "S3", url: "https://www.glodollar.org/articles/treasuries" },
    { id: "S4", url: "https://www.glodollar.org/articles/donations" },
    { id: "S5", url: "https://www.glodollar.org/articles/glo-dollar-availability" },
    { id: "S6", url: "https://www.glodollar.org/articles/smart-contract-addresses" },
  ]}
/>


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Stablecoin issuers

Glo Dollar

Glo Dollar (USDGLO) is a U.S. dollar stablecoin issued by Glo Dollar through Brale Inc.

Each token is redeemable one-for-one for U.S. dollars and is a direct claim on the issuer.

Institutions can mint and redeem directly with Glo Dollar, and holders have a contractual right to redeem at par.

USDGLO has been issued on public blockchains since November 2022 and is native to 7 networks, including Ethereum, Polygon, Celo, Base, OP Mainnet, and Arbitrum One.

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