$DOGE
DOGECOIN LABS LAUNCHES TO EXPAND THE USE OF DOGE IN PAYMENTS AND DEFI.

Dogecoin has just added a new initiative to expand the ways DOGE can be used.

It’s called Dogecoin Labs, an organization created in collaboration with the Dogecoin Foundation that brings together various technology projects under one structure.

The company will be led by Jordan Jefferson and will focus on three main developments:

• MyDoge: a wallet that already has more than 500,000 users, according to figures shared by the project.

• DogeOS: an Ethereum-compatible platform that allows developers to build financial applications, video games, and other services. Its public test network went live on September 30.

• Such App: a tool for merchants that allows them to accept DOGE payments via QR codes and issue invoices.

The aim is to connect these solutions to make it easier to use Dogecoin for purchases, everyday payments, and decentralized applications.

The announcement also comes after Bitwise decided to close its Dogecoin ETF due to low demand.

For now, Dogecoin Labs is entering a phase focused on developing products and connecting users, merchants, and developers. The full integration of its services is still pending, particularly in the area of DeFi applications.

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