2025-03-25
The Dogecoin Foundation has created a
new group called House of Doge to help bring Dogecoin into everyday use.
House of Doge will be Dogecoin
Foundation’s official commercialization partner announced on March 24, 2025.
In February, the foundation signed a
five-year deal making House of Doge its official partner for turning Dogecoin
into a more commercial, widely used payment option.
As part of this effort, House of Doge
just launched the Official Dogecoin Reserve by buying 10 million DOGE
tokens—worth around $1.8 million.
This reserve is meant to show that
Dogecoin can be used for quick, smooth payments in the real world. The goal is
to make paying with Dogecoin feel as easy and reliable as using a credit card.
House of Doge says new technology will
allow stores to accept Dogecoin instantly, with no delays from the usual
blockchain processing. Over the next few months, the group plans to reveal
partnerships with companies to show how Dogecoin can work as a real payment
method.
The Dogecoin Foundation also said it
has spoken with U.S. government officials who are interested in seeing Dogecoin
used for things like paying for parking and utility bills. They're also working
on events—like sports games—where people can learn to use Dogecoin wallets that
they control themselves.
After Donald Trump won the 2024 U.S.
election, and Elon Musk’s Department of Government Efficiency was created,
interest in Dogecoin went up for a while. But since then, the excitement has
dropped, and Dogecoin’s price has fallen about 40% in the last four months.
Still, demand for Dogecoin mining products has been high in places like China.
As of now, Dogecoin is trading around
$0.19 and is one of the top 10 cryptocurrencies, with a market value of $27
billion. Three Dogecoin-related ETFs (exchange-traded funds) are waiting for
approval from the U.S. SEC, and analysts say there's a good chance they’ll get
approved this year.
Meanwhile, Canadian company Atmofizer
Technologies has announced a deal to merge with House of Doge, which could help
bring in more funding and support. That deal is expected to be finalized by
mid-2025.
Why House of Doge Created a Reserve?
The main reason for setting up the
reserve is to make Dogecoin more practical for everyday payments.
The reserve helps solve a common
problem with crypto: slow transaction times.
By holding a pool of DOGE, House of
Doge can help merchants complete transactions quickly and reliably.
They also highlight Dogecoin's
strengths:
House of Doge says their mission fits
with the original idea of cryptocurrency—money that’s digital, easy to use, and
not controlled by any one group.
They're building systems to make
Dogecoin work worldwide, including payment networks, wallets, and partnerships
that can show Dogecoin being used in stores and online. They believe Dogecoin
can be the digital cash of the future.
