All Articles
Crypto

Is Dogecoin The Next Frontier Of Payments For Public Companies?

January 7, 2025
x min read
Dogecoin Public Companies
Mentioned:

There might be a new unexpected digital asset coming to disrupt global payments: Dogecoin.

What’s happening:

  • Popular digital asset Dogecoin has recently begun to accelerate as a form of payment with large publicly traded companies around the world

Who is making moves:

  • Tesla (NASDAQ: TSLA) just recently has enabled Dogecoin to be used as a payment method at certain electric vehicle charging stations
  • AMC Entertainment (NYSE: AMC) currently accepts Dogecoin as payment within their move theatres in the United States of America

Why it matters:

  • Dogecoin has largely been seen as a meme coin with very little underlying utility prior to starting to become adopted as a method of payment, which has dramatically changed the potential for Dogecoin to continue to be a highly valuable digital asset as well as an important decentralized technology network

By the numbers:

  • Approximately 2,500 different businesses globally currently accept Dogecoin as payment

Going deeper:

  • Online electronics and computer hardware retailer Newegg Commerce (NASDAQ: NEGG) has also begun to accept Dogecoin as payment for online orders

The intrigue:

  • Amazon (NASDAQ: AMZN) owned streaming platform Twitch was one of the first large companies to ever accept Dogecoin as a payment and continues to allow users to use Dogecoin as a method of payment

Discover the world's most disruptive early stage companies with 40,000+ investors.

The markets and trends that matter, made simple.

Join top talent at the world's most respected institutions, companies, and venture capital funds.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.