Nasdaq-listed Dogecoin treasury company Bit Origin has highlighted the areas in which DOGE is outpacing Bitcoin. This came as the company made the case for why the meme coin is the better option for daily payments, as it looks to push DOGE’s adoption.
Dogecoin Treasury Company Makes Case For DOGE Over Bitcoin
In an X post, the Dogecoin treasury company stated that DOGE is proving it can outpace Bitcoin in speed, cost, and usability. Bit Origin noted that while Bitcoin takes 10 minutes per block, Dogecoin confirms transactions in just one minute on average. The company added that DOGE is built for everyday use with lower fees.
Notably, the Dogecoin treasury company has already announced plans to build merchant payment rails and integration tools to drive adoption at scale. As part of its case for DOGE over Bitcoin, Bit Origin stated that companies and individuals hold the meme coin because of its low transaction fees, utility, meme appeal, and celebrity endorsements.
The Dogecoin treasury company alluded to Elon Musk’s “soft spot” for DOGE as part of the celebrity endorsements. Now, Bit Origin remarked that it is looking to turn that meme affection into serious utility. They claimed that DOGE is more than just jokes, as it boasts fast payments with a passionate community.
It is worth mentioning that travel company Alternative Airlines recently adopted Dogecoin, enabling users to pay for flights with DOGE. The company highlighted that the meme coin can handle more transactions per second (TPS) than other major cryptos such as Bitcoin and Ethereum. The DOGE network can handle up to 30 TPS, while Bitcoin and Ethereum can handle 25 and 6, respectively.
Other Treasury Companies Pushing For DOGE Payments
In addition to Bit Origin, other Dogecoin treasury companies are exploring ways to integrate DOGE into everyday payments and boost its adoption. Trump-linked Thumzup Media revealed that it is “actively” exploring and developing the integration of DOGE as an alternative payout mechanism for users of its Thumzup app.
The Dogecoin treasury company further noted that introducing DOGE as a rewards option would allow them to bypass traditional banking rails, reduce transaction costs, and enable near-instant settlement of cross-border payments. This would be similar to what the DOGE community has been advocating for with the X payments as they push for Elon Musk to integrate the meme coin on X.
Meanwhile, House of Doge, another Dogecoin treasury company and the corporate arm of the Dogecoin Foundation, is also actively pushing for the integration of DOGE payments. The company just bought a Swiss hockey team and plans to enable DOGE payments for tickets and merchandise.
At the time of writing, the DOGE price is trading at around $0.19, down over 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image from iStock, chart from Tradingview.com
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