Dogecoin integrates with Paxos network, potentially paving the way for platforms like PayPal and Venmo.

On June 1st, according to The Block, Dogecoin-related company House of Doge has partnered with Paxos to integrate Dogecoin into Paxos' institutional-grade crypto brokerage and custody infrastructure. Paxos currently provides blockchain infrastructure for platforms such as PayPal, Venmo, Interactive Brokers, and Mercado Libre, enabling them to offer crypto asset trading and custody services to users. This partnership will initially target enterprise clients, and it remains uncertain whether Dogecoin will be launched on the aforementioned consumer-level applications in the future. Paxos stated that it will support Dogecoin's availability on its platform and collaborate with enterprise clients to evaluate the expansion of digital asset products.