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Dogecoin News Update: Thumzup Leverages Dogecoin’s Fast Transactions and Affordable Fees for Global Creator Payments

Dogecoin News Update: Thumzup Leverages Dogecoin’s Fast Transactions and Affordable Fees for Global Creator Payments

Bitget-RWA2025/10/16 02:15
By:Bitget-RWA

- Thumzup (TZUP) plans to integrate Dogecoin (DOGE) as a rewards option for its app users, leveraging low fees and fast cross-border payments. - The move aims to diversify monetization for creators while reducing reliance on traditional banking systems, complementing existing cash rewards. - The company already holds 7.5M DOGE tokens and invests in Dogecoin mining, aligning with broader blockchain adoption trends in remittance markets. - Implementation depends on technical validation and regulatory complia

On October 15, 2025, Thumzup Media Corporation (NASDAQ: TZUP), a company specializing in digital advertising and asset accumulation, revealed it is considering the adoption of

(DOGE) as an additional payout option for users of its Thumzup application. This initiative is intended to strengthen its rewards program by utilizing DOGE’s quick transaction speeds, low fees, and widespread community support, allowing the platform to better accommodate content creators and lessen dependence on conventional banking, according to a statement from the company in a .

Currently, Thumzup’s platform enables users to receive cash incentives for posting genuine content about advertiser products. By adding Dogecoin as a reward choice, the company aims to facilitate fast, low-cost micro-payments across borders, which aligns with its goal of making social media monetization accessible to all. CEO Robert Steele noted that this step could “boost unit economics” and draw in a wider “crypto-enthusiast creator segment,” but clarified that

would serve as an addition to, rather than a replacement for, the existing cash rewards.

Dogecoin News Update: Thumzup Leverages Dogecoin’s Fast Transactions and Affordable Fees for Global Creator Payments image 0
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Thumzup’s interest in Dogecoin expands on its current digital asset approach, which already includes investments in

, , and other digital currencies. The company has committed $2.5 million to back Dogehash, a Dogecoin mining company, and reportedly holds about 7.5 million DOGE tokens in its reserves, according to . This move is part of a larger industry trend of leveraging blockchain technology for more efficient international payments, especially in regions where traditional remittance options are expensive and slow, as noted in a .

Nevertheless, the introduction of DOGE rewards is not guaranteed. The company emphasized that technical feasibility, regulatory approval, and successful pilot programs are prerequisites before any gradual rollout. Legal notes in the press release highlighted the speculative aspects of the plan, warning that any projections about DOGE integration involve risks such as market fluctuations and uncertain regulations. Experts at

pointed out that the project’s outcome will hinge on overcoming operational challenges and achieving regulatory certainty, and no specific launch date has been set.

This announcement has renewed attention on Dogecoin’s practical uses beyond tipping and trading. While DOGE’s price swings present challenges for stable transfers, its suitability for frequent, small-value transactions fits well with Thumzup’s pay-per-post approach, according to

. The company’s decision also aligns with a broader wave of institutional interest, such as the recent debut of the REX-Osprey DOGE ETF (ticker: DOJE), which has contributed to short-term price gains, as reported by . As of October 15, DOGE was trading at $0.197, reflecting a 2.4% daily decrease but showing intraday gains following the news.

Industry critics and analysts observe that, despite the speed and cost benefits of cryptocurrencies for international payments, issues like price volatility and regulatory oversight remain. CurrencyTransfer’s comparative study found that crypto can lower remittance costs by up to 5%, but traditional fiat systems are still favored for larger sums due to their established reliability. Thumzup’s dual strategy—maintaining cash rewards while introducing DOGE—aims to address these considerations, appealing to both crypto-savvy users and those preferring conventional rewards, according to

.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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