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[Glo Foundation]

USDGLO

Grade
B
Date of Rating:
April 5th, 2024
Last Change:
April 5th, 2024
SMIDGE Scores
[S] Stability
[M] Management
[I] Implementation
[D] Decentralization
[G] Governance
[E] Externals
[S]
N/A
[M]
N/A
[I]
N/A
[D]
N/A
[G]
N/A
[E]
N/A
USDGLO Price
Last Update:
20/09/2026 19:01:00
$0.999784
Market Cap
$1,002,076
24h Volume
$10,183
Collater­alization
100%
Peg
USD
Backing
Fiat
Data provided by
Coingecko
SMIDGE Scores
[S] Stability
[M] Management
[I] Implementation
[D] Decentralization
[G] Governance
[E] Externals
[S]
N/A
[M]
N/A
[I]
N/A
[D]
N/A
[G]
N/A
[E]
N/A
Core Team
  • Hidden Name
  • Hidden Name
Audits
Native Chains
  • Chain
Links
Full Report
Scoring Guidelines
[S]
[M]
[I]
[D]
[G]
[E]
0.00
0.00
0.00
0.00
0.00
0.00
Glo Foundation
B
  • Glo Dollar (USDGLO) is a dollar-backed stablecoin marketed by the Glo Foundation, a Public Benefits Corporation in the US. USDGLO is issued by Brale Inc., a tech company offering Stablecoins-as-a-Service. Brale Inc. offers its products under various U.S State’ Money Transmitter licenses.
  • Yield generated from USDGLO reserves are used to fund public goods.
  • The reserves comprise US Treasury debt and cash deposits in fully segregated accounts, but these are unlikely to be bankruptcy-remote.
  • USDGLO is a niche stablecoin with a limited market presence. It is appropriate for users who would like to support public goods while holding stablecoins.

Glo Foundation
Stability

The Stability factor is evaluated on the following:

  1. Reserves Management - Quality, quantity, storage and segregation of reserve assets
  2. Market Feedback - Indicators of market's confidence in a stablecoin derived from price and trade data 
  3. Mechanism - Stabilization methods that protect the stablecoin 
Glo Foundation
Management

The Management factor is evaluated on the following:


1. Restrictions - What deterrents exist to prevent key personnel of stablecoin projects from unethical and illegal behavior?
2. Negative Track Record - Have key personnel been involved in scams, frauds or other illegal activities?

Glo Foundation
Implementation

This factor evaluates technical implementation using sub-factors that cover smart contract quality, oracle & bridge risk, supply integrity, and more.

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Glo Foundation
Decentralization

The Decentralization factor is evaluated on the following:

  1. Platform Censorship Risk
  2. Custodian Risk
  3. Type of Collateral
  4. Diversified voting Power
  5. User Censorship Risk
Glo Foundation
Governance

The Governance factor for fiat-backed stablecoins is evaluated on the following:

  1. Holder Protection - What rules, statutes, or codes exist to protect the interests of stablecoin holders?
  2. Reserves Verification - What checks are done to ensure the existence of reserves?
  3. Redemptions - Do issuers have transparent and reasonable redemption terms? 
Glo Foundation
Externals

This factor evaluates external feedback using indicators like prediction markets, social sentiment, perpetual futures, and more.

Currently, we do not assign a standalone score to this factor. An independent assessment of external feedback will be included in future iterations.