![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Green Dollar Coin (GDC) launches August 2025, offering mobile number-linked wallets.
May 16, 2025 at 10:22 am
Green Dollar Coin (GDC), a new asset-backed stablecoin, is preparing for its public presale in August 2025. The coin introduces a phone number-based
Green Dollar Coin (GDC), a new asset-backed stablecoin, is preparing for its public presale in August. The coin introduces a phone number-based crypto wallet system aimed at simplifying transactions and expanding access to digital finance.
Backed by insured in-ground reserves of gold and diamonds, Green Dollar Coin positions itself as a non-volatile alternative in the cryptocurrency space. The project is supported by Green Dollar Development Bank, a licensed financial institution that holds a portfolio of carbon credit assets valued at $250 million.
The stablecoin is designed to bridge the gap between formal and informal economies while supporting sustainable financial practices. GDC is currently in talks to expand access to users in 54 African countries through a trade and investment partnership with a continental organization.
The project has also approached Lloyd’s of London to explore insurance coverage for the coin and its management system, adding an additional layer of investor protection.
Innovation in Wallet Access
In a move aimed at mainstream adoption, Green Dollar Coin will allow users to send and receive funds using mobile phone numbers. This removes the need for traditional crypto wallet addresses, lowering the barrier to entry for users unfamiliar with blockchain technology.
Transactions will be processed through the Green Dollar App, which also supports small loans and day-to-day digital payments. Only a small portion—less than 5%—of the total coin supply will be available for public trading. A separate $500 million coin pool has been established as a perpetual fund to support liquidity and usage within the app.
The smart contract also includes provisions for community voting and stablecoin access across both formal and informal financial sectors.
The team behind GDC says the coin is intended to support everyday consumption, stabilize volatile crypto markets, and provide additional liquidity to banks and exchanges. Fiat conversion options will be available within the app, offering flexibility for users and potential tax benefits for governments engaging the informal sector.
Green Dollar Coin’s presale begins in August, with exchange listings to follow.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
- U.S. Judge Rejects Ripple Labs' Settlement Proposal with the SEC, Keeping XRP's Security Classification Intact
- May 16, 2025 at 05:50 pm
- The long-standing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken another significant turn. Recently, a federal judge rejected a joint settlement proposal submitted by both parties, which aimed to reduce Ripple's $125 million civil penalty to $50 million and lift a court injunction against future securities violations. This decision not only keeps Ripple on the hook for the full penalty but also maintains the regulatory pressure on the company and underscores the SEC's stance that XRP is a security.
-
-
-
-
-
- Barstool Sports Founder Dave Portnoy Asks: "What if XRP is the Next Bitcoin?"
- May 16, 2025 at 05:40 pm
- In a short video clip recently shared by crypto enthusiast Amelie on X, American businessman and Barstool Sports founder Dave Portnoy sparked a wave of discussions within the cryptocurrency community.
-