“Temp Check” on Funding Public Goods (At No Cost) with USDGLO

Summary

Following up on a discussion post in the Shutter Forum, I am taking a “temp check” to see if Shutter DAO 0x36 supports the idea of funding public goods (at no cost) by swapping some of its USDC to USDGLO.

Glo Dollar (USDGLO) is the stablecoin that funds public goods. It’s 100% fiat-backed, always redeemable 1:1 for USD and USDC, issued and regulated in the United States, and receives monthly independent attestations. Glo Dollar funnels 100% of profits to charitable causes. By adopting Glo Dollar, you’re funding public goods. At no cost.

Process / Next Steps

If the “temp check” shows support for funding public goods (at no cost) by converting some USDC to USDGLO, then the next steps would be:

• Discuss which public goods Shutter DAO 0x36 wants to fund
• Discuss a specific amount for Shutter DAO 0x36 to swap from USDC to USDGLO

After these points are decided, then the final step would be to put a specific on-chain swap transaction to a vote on Fractal.