Green Dollar Coin launches August 2025, offering mobile number-linked wallets. Backed by gold, diamonds, and carbon credits, it promotes financial inclusion, sustainability, and easier crypto access for underserved communities.
London, United Kingdom, 9th Jun 2025 - 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 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.
Developers say 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.
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.
Organization: Green Dollar Coin
Contact Person: Jennifer Nicole
Website: https://www.greendollarcoin.com/
Email: Send Email
City: London
Country:United Kingdom
Release id:28784
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