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Episode 93 - Glo - Fighting extreme poverty with Web3 and stablecoins
In episode 93, we’re excited to welcome Garm Lucassen and Jasper Driessens from Glo, a stablecoin with a mission to generate basic income and lift people out of extreme poverty. We discuss why Web3-enabled basic income is such a powerful force for fighting poverty, the mechanics behind the Glo Dollar, how crypto can drive financial inclusion, and much more.
--Three Key Takeaways--
Stablecoin providers earn interest (~2.7%) by investing the fiat used to “purchase” the stablecoins in secure products such as treasury bonds. Glo will do the same, but instead of this interest generating profit for…
The skinny
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