Global Dollar price

Before bed, I saw on Twitter that @aleohq has joined @global_dollar, so I thought I’d update everyone on the progress and have a quick chat. I'm very happy to collaborate with Aleo and share with everyone. Aleo focuses on "privacy blockchain"; when you make a transfer using it, others can confirm that the transaction is real, but they can't see how much you transferred or to whom — this feature is quite useful if you don’t want your financial records to be seen by others. Aleo is not a small project; the team includes people who have previously worked at DOJ, Google, and Meta, and major institutions like a16z and SoftBank have invested over $250 million behind it. Both technically and financially, it has a solid foundation. Now looking at GDN, it is a stablecoin ecosystem, with the core being the USDG stablecoin. GDN has compliant stablecoins and an existing partnership network, supporting popular public chains like Ethereum and Solana, with platforms like Robinhood, Kraken, and Worldpay among its partners. The key points of this collaboration are actually twofold: First, Aleo is the first Layer 1 blockchain to join GDN, effectively adding "privacy technology" to the GDN stablecoin ecosystem. Currently, many stablecoin transactions have publicly available data, and if a business makes a payment or an individual transfers a large amount, privacy concerns are inevitable. With Aleo coming in, using USDG for transactions on its platform adds an extra layer of privacy protection. Second, this is not just a verbal collaboration; it will genuinely use USDG for payments to suppliers and institutions. You could say this is the first application of "stablecoin private payments" coming to fruition. If you're interested, feel free to follow along with me!

Aleo and Global Dollar Network join forces to pave the way for privacy compliance. Aleo is the first privacy-first programmable L1 blockchain built from the ground up, ensuring that transactions are verifiable through zero-knowledge proofs while keeping details private. The team behind it spans the DOJ, the White House National Security Council, Google, Meta, a16z, with investors including a16z, Tiger Global, Coinbase, Samsung Next, SoftBank, and has raised over $250 million. Its goal is to transform privacy from a gray area into a compliant and usable infrastructure, allowing both businesses and individuals to truly control their data. This collaboration with @global_dollar, a compliant stablecoin network, is significant as their USDG is already circulating across multiple chains including Solana, Ink, and Ethereum, and they have partnered with top institutions like Robinhood, Kraken, Worldpay, and Anchorage Digital, effectively filling the "privacy" technology gap missing in stablecoins. This partnership with @AleoHQ also highlights the many aspects that need to be addressed for stablecoins to be integrated into real-world financial payments. We believe that various application scenarios will soon emerge in everyday life.