The meme coin has received a lot of endorsements and listings in the past few months. In early March, Dallas Mavericks, Mark Cuban’s basketball team began accepting Dogecoin payments. More recently, electronics dealer Newegg announced that the digital asset was now a viable payment option on its platform.
In the past week, DOGE accounted for about 10 percent of all transactions processed by BitPay. Singh noted:
Apart from Dogecoin, stablecoins are becoming increasingly popular with BitPay merchants. Singh asserts that the use of cryptocurrencies for payments is growing. He claims that his firm processes over $1 billion every year.
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Source: Cryptocurrency - investing.com
