AutoPGF Episode 2 - Can Stablecoins End Extreme Poverty? Inside Glo’s partnership with GiveDirectly

Crypto Altruists: Real-World Stories of Social & Environmental Impact with Web3

Welcome back for episode 2 of AutoPGF: Funding Impact with Glo Dollar—a special podcast mini-series from Crypto Altruists that explores the future of Automatic Public Goods Funding and the incredible organizations leveraging this mechanism to scale their impact.

Today we welcome Ilan Wallentin from GiveDirectly and Garm Lucassen from Glo. GiveDirectly was the first-ever cause supported by Glo’s AutoPGF model—and for good reason. With over $800 million delivered directly into the hands of people living in poverty, GiveDirectly is proving what’s possible when we lead with trust and dignity.

In this inspiring conversation, we explore:

1. How one of the world’s most innovative nonprofits is transforming humanitarian aid by giving people cash directly— with no strings attached
2. How Glo Dollar’s AutoPGF model, at scale, can help these organizations like GiveDirectly maximize their impact while building trust with donors
3. And how new models of automatic public goods funding could offer hope for the global aid sector amidst deep funding cuts

--Key Takeaways--

❤️ Cash with Dignity - Direct cash transfers give people in poverty the power to choose what they need most—whether that’s food, education, medicine, or starting a business. Backed by numerous studies, cash transfers are the most researched—and misunderstood—form of aid, consistently proving that people use the money wisely and impactfully.

🔎 Trust Through Transparency - In a world where donor skepticism is rising, transparency is everything. From tracking every Glo Dollar to showcasing the real-world outcomes of GiveDirectly’s work, building transparency and trust ensures donors know exactly how and where their money is making a difference. Blockchain can be a key tool in making this a reality.

💸 Passive Giving, Massive Potential - AutoPGF flips traditional philanthropy on its head by making impact effortless. Just by holding stablecoins like Glo Dollar, users can passively fund life-changing causes. And with the stablecoin market booming, the potential to scale this model—and fund the future of humanitarian aid—is enormous.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruists-autopgf-episode-2-can-stablecoins-end-extreme-poverty-inside-glos-partnership-with-givedirectly

Thank you to Glo for their support in bringing this series to life! 🙏

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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More info at cryptoaltruism.org.