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The Dogecoin Foundation Launches ‘House of Doge’ to Expand Payment Utility
The Dogecoin Foundation has recently launched a new division, House of Doge, aimed at expanding the cryptocurrency’s role as a global payment method.
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10 Million DOGE Reserve Established
As part of this initiative, the organization has acquired 10 million DOGE, approximately $1.84 million worth, to establish a dedicated reserve. This move is a significant step in positioning Dogecoin as a serious player in digital payments.
The reserve, announced on March 24, 2025, is designed to overcome some of the key barriers to Dogecoin’s widespread use in transactions. By ensuring a stable supply of DOGE, the foundation hopes to increase its utility for both businesses and consumers, ultimately supporting its adoption as a mainstream payment method.
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Addressing Transaction Speed Issues
One of the major obstacles it aims to address is the slow transaction times that have hindered cryptocurrencies’ viability in real-world use.
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House of Doge plans to make Dogecoin faster and more scalable, offering merchants the ability to accept DOGE for immediate payments. The focus will be on making the currency more reliable and accessible, giving it a competitive edge over other digital assets in the payment space. This initiative also includes forming partnerships with major payment networks to demonstrate DOGE’s capacity to handle large transaction volumes.
Board member Michael Galloro stressed that the Dogecoin reserve would provide essential liquidity and stability, helping the coin bridge the gap between crypto’s potential and its real-world applicability. The broader vision aligns with the original ideals of decentralized, peer-to-peer electronic cash, which House of Doge is now seeking to carry forward into mainstream commerce.
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Future Prospects of Dogecoin
By building on this foundation, House of Doge aims to propel Dogecoin into the future as a fast, trusted, and scalable digital currency for global use.
Alexander Stefanov