Dogecoin’s Role in Venezuelan Remittances Amid Migration Crisis

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, has found an unexpected use case: remittances. Venezuelan migrants are increasingly turning to DOGE to send money home due to its low transaction fees, according to a recent Bloomberg report. Venezuela’s crypto remittances accounted for 6% of its GDP in 2023. That same year, foreign remittances amounted to $5 The post Dogecoin’s Role in Venezuelan Remittances Amid Migration Crisis appeared first on Coin Edition .

Source: Coin Edition