How ‘DOGE’ is transforming world banking

Written by Antony Abell and Pat Rugg of the TPX™ Property Exchanges Group and Cheyenne Mint

Over the last few years, the rise of digital assets, with their speed and transparency, has increasingly permeated the global financial system and economies in many jurisdictions. Recent events by the US government's focus on efficiency, DOGE, has now turned its full attention to the US Department of Treasury and its central bank, the Federal Reserve System.

Source: Doge

Over a decade ago, the rise of Bitcoin as a speculative instrument with an innovative non-inflationary value, coupled with its transparent ability to move with minimal cost value anywhere and anytime at the push of a button, gave the banking and financial industry its first insight of how it would be transformed into DOGE compliant banking. Fast forward ten years, the USDC stablecoin (backed by Goldman Sach, BlackRock and Fidelity) has a yearly transaction volume of 18 Trillion US Dollars. Furthermore, SWIFT Data reveals that the US Dollar is fast displacing the second largest currency, the Euro, in all transactions wor…