Summary
- The new foundation of Dogecoin has reportedly established a reserve of 10 million DOGE (worth $1.8 million).
- The reserve is intended to be used to provide Dogecoin as a payment option worldwide.
- This move is expected to increase the utility of Dogecoin and attract interest from businesses and consumers.
According to The Block, a cryptocurrency-focused media outlet, on the 24th (local time), the new foundation of Dogecoin (DOGE), House of Doge, has established a Dogecoin reserve of 10 million DOGE (worth $1.8 million) through a new initiative. The reserve is intended to be used to implement the goal of providing DOGE as a payment option to businesses and consumers worldwide. 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
