Dogecoin’s payment prospects are promising due to its fast, low-cost transactions, ideal for microtransactions and remittances. Adoption by merchants like Tesla and platforms like BitPay enhances its utility. Integration with traditional finance is growing via payment gateways and potential ETF/ETP products, boosting legitimacy. However, its volatility, unlimited supply, and regulatory hurdles pose challenges. Community support and interoperability with DeFi could drive mainstream acceptance, but sustained demand is key to counter inflation.