Grayscale announces the launch of Dogecoin (DOGE) trust product

ChainCatcher news, according to Coindesk, cryptocurrency asset management company Grayscale has announced the launch of a new Dogecoin (DOGE) trust product.

Grayscale's product and research director Rayhaneh Sharif-Askary stated that Dogecoin, with its low transaction costs and fast transfer speeds, is particularly suitable for international remittances in areas with underdeveloped banking infrastructure.