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Dogecoin shines in the payment domain, particularly for microtransactions, thanks to its low-cost and rapid blockchain. Compared to traditional financial systems, where wire transfers or credit card fees can be prohibitive for small payments, Dogecoin offers a compelling alternative. Its integration into traditional finance could occur through partnerships with fintech firms or e-commerce platforms (e.g., Tesla’s merchandise sales), bridging the gap between crypto and fiat. Yet, regulatory uncertainty and lack of smart contract functionality might hinder its ability to compete with more versatile blockchains like Ethereum in broader financial applications.
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