As part of forming a new reserve, the Dogecoin Foundation secured 10 million Dogecoin.​

Dogecoin Foundation’s House of Doge Buys 10M DOGE to Support Payment Adoption

The Dogecoin Foundation’s commercial division, House of Doge, has acquired over 10 million DOGE—worth approximately $1.8 million—as part of an initiative to build a reserve fund aimed at strengthening Dogecoin’s use in payments.

House of Doge was established in February through a five-year partnership with the Foundation, designed to shift Dogecoin beyond its memecoin origins and position it as a practical digital currency for everyday transactions. The group is working to enhance DOGE’s liquidity and reliability in payment systems, emphasizing its low fees and efficiency.

In a statement, House of Doge confirmed plans to partner with payment processors in the coming months to further integrate DOGE into global commerce.

“By maintaining a strategic reserve, we’re ensuring that Dogecoin remains a stable and viable option for real-world payments,” said Michael Galloro, a Member of the Board-Elect at House of Doge. “This initiative will help bridge the gap between blockchain transactions and mainstream financial adoption.”

DOGE surged ahead of President Donald Trump’s election, driven by speculation surrounding a potential “Department of Government Efficiency” (D.O.G.E). However, the token has since faced a market correction, dropping over 30% since January, according to CoinDesk data.

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