LOCAL MONEY
GCU empowered - base money unit (BMU) funding mandates are local sovereign currency denominated and 1:1 GCU index line linked. 80Mn of 400Mn FTS instantiated BMUs pre-issued over 12 months in 2023 to initialise new GCU activation rights.
- global
- base money system
- world leading technology secured ecosystem
The balance of 320Mn GS-2 BMUs will issue from 1 Jan 2024, at a fixed global supply rate of 6,666,666 units per month over 48 consecutive monthly funding cycles and increase in single base-line capital value, by a - fixed - multiplier of 10.24:1 YoY.
All BMUs are cash and real-asset value backed, with localised yield-paying account rights, and are - Tier-1 - capital rated and secured with fixed reserve asset backing of 320% across a net stable funding framework fixed over a global 60 month horizon.
Each - GCU indexed - local - central bank issued base money currency system, has - 3.2:1 - reserve asset entitlements over each BMU reserve line in perpetuity, and is pre-bonded - on a 1:1 BMU to GCU basis to 10 additional GCU service lines pm.