Glove ($GLO) is an Ethereum-based utility token of Wrapped USD which is a governance-free, immutable, multi-fiatcoin wrapper for the 6 USD fiatcoins — USDT, USDC, BUSD, USDP, TUSD, and GUSD.

Wrapped USD is a governance-free, immutable, multi-fiatcoin wrapper for the 6 USD fiatcoins — USDT, USDC, BUSD, USDP, TUSD, and GUSD. GLO is the utility token of the protocol, and even it might seem a honeypot, its not, our model states that people will be able to trade/transfer it once they get credit, based on amount wrapped.