[USDGLO]
Glo Dollar
Moderately Stable
Reserves
0.72 / 1
Market Feedback
0.56 / 1
Mechanism
0.75 / 1
1.1Reserves
1.1.1Collateralization % & Type of Collateral
0.95
As of February 29, 2024, USDGLO is fully backed by US Treasury Debt (79%), and cash deposits (21%) in fully segregated accounts.
1.1.2Storage of Assets
0.70
For off-chain collateral, we rank storage methods as follows (highest to lowest)
With regulated custodians in reputable jurisdictions
With regulated custodians not in reputable jurisdictions (e.g, BVI, Bahamas)
Others / Undisclosed
USDGLO's reserves are held at a regulated custodian in the USA. However, the issuer does not publicly disclose the name of its custodian.
Note: Our score factors in a penalty as disclosures are not public.
1.1.3Asset Segregation
0.50
All customer assets in USDGLO’s reserves are fully segregated from Brale’s corporate treasury. However, these are not deemed to be bankruptcy-remote.