The future of using Dogecoin for payments is getting ready to go to the next level. And House of Doge is behind it.
What’s happening:
- House of Doge has officially purchased $1.8M USD of Dogecoin to hold directly as an asset
Why it matters:
- The Dogecoin foundation just recently entered into an exclusive partnership with House of Doge to accelerate the adoption of Dogecoin as a payment method
Going deeper:
- House of Doge plans to leverage their Dogecoin holdings for the purpose of accelerating transaction speed for payments as well as functioning as a strategic reserve
- The Dogecoin Foundation and House of Doge have publicly stated they plan to begin launching payment integrations with globally recognized brands imminently as part of their exclusive partnership
The intrigue:
- The excitement around Dogecoin has also been accelerating in the traditional public markets, with asset management company Bitwise just recently filing to list a spot Dogecoin ETF on the New York Stock Exchange
