Glo Dollar holders fund the public goods and charities that matter to them.

By swapping other stablecoins to Glo Dollars, users help to create a virtuous cycle of public goods funding. This sets us apart from incumbent stablecoin companies behind USDC and USDT, that extract gains for shareholders.

We call this Automatic Public Goods Funding (AutoPGF), because it is:

-   Simple: just hold a stablecoin

-   Zero-cost: holding a stablecoin is free

-   Embeddable: in treasuries, purchases, payroll, ...

Also beyond AutoPGF, there are compelling reasons to switch to minority stablecoins like Glo Dollar.

Centralized stablecoins are critical crypto infrastructure. The Ethereum ecosystem depends on them as DEX liquidity hubs, on-chain reserve assets, and DeFi collateral. Yet 92% of centralized stables are managed by the two companies behind USDC and USDT. As a consequence, Ethereum has a bus factor of 2 companies. This poses a systemic risk. If they're disrupted, shit hits the fan.\
We need more Stablecoin Diversity. If we all make a habit of advancing minority stablecoins whenever we can, soon enough we'll have improved. Inspired by Client Diversity, we kickstarted an initiative together with other minority stablecoins called [Stablecoin Diversity](https://www.stablecoindiversity.org/).