House of Doge Backs DOGE for Everyday Payments

House of Doge, the corporate arm of the Dogecoin Foundation, has introduced the Official Dogecoin Reserve , a new initiative aimed at making Dogecoin more practical for everyday payments. The reserve began with an initial purchase of 10 million DOGE, a move designed to boost adoption of the meme coin as a serious payment solution. The goal behind the reserve is to solve one of crypto’s biggest problems: slow transaction times. Digital currencies often struggle with real-world usability because of delays in confirming payments. To fix this, the reserve will act as a buffer, helping to speed up Dogecoin transactions and make them smoother for businesses and users alike. Michael Galloro, a board member of the House of Doge, explained that the reserve will help make Dogecoin as reliable as traditional payment systems. Dogecoin already offers faster-than-average confirmation times, around one minute per transaction, which makes it a strong competitor for everyday purchases. Another key benefit is Dogecoin’s low transaction fees. Compared to the higher costs of using credit cards or traditional banks , Dogecoin stands out as a cost-effective payment method . The fees are a fraction of what users might pay through other systems, giving businesses a reason to consider DOGE as a payment option. Unlike Bitcoin, which has a fixed supply, Dogecoin uses an inflationary model. Around 5.2 billion new coins enter circulation each year. This ongoing supply supports regular usage rather than encouraging people to simply hold the coin as a long-term asset. The House of Doge sees this steady liquidity as a strong point for building a reliable payment network. “With this reserve, we’re building the base for a system that prioritizes speed, stability, and daily use,” said Galloro. The organization wants to create an ecosystem where Dogecoin isn’t just a meme—it’s a functional digital currency that people and businesses use every day. Looking ahead, House of Doge is planning to roll out strategic partnerships aimed at demonstrating how scalable and useful Dogecoin can be in the real world. It also plans to launch reward programs such as merchant benefits and cashback incentives to further encourage adoption. Following the reserve announcement, Dogecoin saw a rise in both price and trading volume, reflecting a strong response from the market. These developments suggest growing momentum behind Dogecoin’s shift from joke coin to serious financial tool.