Dogecoin Labs Officially Launches to Drive DOGE Expansion into Payments and DeFi Applications

Odaily reports: With the support of the Dogecoin Foundation, Dogecoin Labs has officially been established, integrating the MyDoge wallet, the DogeOS application platform, and the Such App payment product into a single independent organization, with Jordan Jefferson serving as Chief Executive Officer. The organization will focus on expanding DOGE's applications in consumer-grade use cases, payments, commerce, DeFi, and gaming, among other areas, driving its use cases to extend from community culture and Meme-driven demand toward practical applications.

According to the announcement, MyDoge has over 500,000 users; DogeOS launched an EVM-compatible public testnet on September 30, aimed at connecting developers with DOGE holders; Such App provides merchant payment tools, including invoicing and in-person QR code payments. The Dogecoin Foundation will continue to be responsible for ecosystem governance and open-source development. (The Block)