Dogecoin continues to evolve by integrating with Shopify for direct payments and reducing transaction costs.
Dogecoin Integration with Shopify
Dogecoin is now supported by new Shopify plugins, allowing online stores to accept DOGE directly as a payment method. This enables merchants to avoid the need to convert Dogecoin into traditional currencies. This feature is particularly beneficial for smaller businesses and drop shipping operations.
Reduction of Dogecoin Transaction Fees
A recent network update has decreased Dogecoin transaction fees by 12-15%. This optimization patch allows for maintaining low costs during periods of high usage, making Dogecoin more competitive compared to other networks.
Other Dogecoin Developments
The Dogecoin Foundation has allocated $5 million for development grants supporting node maintenance and wallet improvements. Companies like Bitstop and Coins.ph have added DOGE services in locations like Peru, the Philippines, and Indonesia, increasing accessibility. Robinhood launched a cashback program for debit card users, allowing them to earn Dogecoin through purchases.
The expansion of Dogecoin in online commerce and the reduction of transaction costs highlight its growth and anticipated demand in the market.
