Share this article
Coinbase Commerce Adds Support for Dogecoin Payments
The memecoin is only the sixth crypto to be integrated with Coinbase’s e-commerce platform.
By Danny Nelson
Updated May 9, 2023, 3:21 a.m. Published Jul 21, 2021, 8:53 p.m.
Make us preferred on Google
Coinbase’s e-commerce platform has begun accepting dogecoin payments.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Announced on Twitter Wednesday, the integration places DOGE alongside bitcoin, bitcoin cash, ether, litecoin and USDC as one of only a handful of Coinbase Commerce’s supported cryptos.
It will add fuel to the resurgent memecoin’s bid for crypto payments. Coinbase Commerce allows online merchants to accept cryptocurrencies.
Read more: DOGE Adoption on the Rise. Dallas Mavericks to Accept Dogecoin for Tickets, Merchandise
This year, billionaire Mark Cuban began taking dogecoin for Dallas Mavericks merch. Elon Musk is also accepting dogecoin as launch payment on an upcoming SpaceX mission.
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Tether is buying up to $1 billion of gold per month and storing it in a 'James Bond' bunker
The company's gold purchases are mostly for its own reserves, but also support its XAUT stablecoin.
What to know:
- Tether is buying up to two tons of gold weekly and has amassed a 140-ton stockpile worth about $24 billion, becoming one of the largest non-governmental holders.
- The company's gold purchases are mostly for its own reserves, but also support its XAUT stablecoin.
- Gold prices have surged by more than 90% year-over-year, with Tether's buying potentially influencing the market alongside central bank purchases.
Top Stories
