To enable a zero-fee and borderless financial system for emerging market consumers, a new cryptographic token, Dala, was issued by the Dala Foundation. Dala is a general-purpose ERC-20 token designed to include 3.5 billion underserved consumers in the formal financial system. The Dala ecosystem expands through partnerships across borders and financial services, enabling consumers and enterprises to transact, save, lend, and invest with Dala.