Green Dollar CoinPrice

(GDC)

Green Dollar Coin (GDC) is a next-generation stablecoin designed to integrate financial inclusion with environmental sustainability. It operates as a fiat-collateralized stablecoin, maintaining a 1:1 peg with the US Dollar. GDC aims to provide a stable digital currency while fostering positive social and environmental impact.

GDC's backing is multi-faceted, emphasizing both traditional assets and environmental commitments. It is supported by insured in-ground reserves of gold and diamonds, which are intentionally left unmined to mitigate environmental impact. Additionally, GDC is backed by USD Green bonds and a substantial carbon credit portfolio, managed by the Green Dollar Development Bank, further solidifying its sustainable foundation.

GDC achieves environmental sustainability by employing a unique carbon-negative digital mining approach. This method allows for the monetization of assets without physical extraction, thereby actively preventing deforestation and land degradation. Furthermore, GDC supports broader green finance initiatives through its dedicated carbon credit portfolio, managed by the Green Dollar Development Bank, aligning its operations with ecological preservation.

GDC significantly promotes financial inclusion by providing phone number-linked wallets via the Green Dollar App, which makes digital currency accessible even to unbanked populations. This user-friendly application facilitates small loans, digital payments, and convenient fiat conversion. It specifically targets individuals within the informal economy, particularly in African countries, offering essential financial tools without requiring complex traditional banking infrastructure.

GDC benefits from robust institutional backing provided by the Green Dollar Development Bank. This bank is responsible for managing a substantial perpetual fund, specifically allocated to stabilize GDC's usage within its ecosystem. This fund also plays a crucial role in supporting businesses operating within the informal sector, all operating under the comprehensive framework established by the African Union.

Users can conveniently access and utilize GDC primarily through the Green Dollar App. This application allows individuals to send and receive GDC using just mobile phone numbers, removing the complexity of traditional wallet addresses. Beyond personal transfers, GDC is designed for practical daily use, including facilitating routine transactions, supporting micro-financing initiatives, and contributing to overall market stability within its ecosystem.