Timothy Stebbing, director of the Dogecoin Foundation, weighs the meaning of Dogecoin utility with the current drive that pushes the Dogecoin utility.
According to Stebbing, the utility equates with Dogecoin’s adoption, meaning “What can Dogecoin do? Where can I use it?”
Utility = Adoption = Adoption..
The utility says, “What can I do with my dogcoin? Where can I use it?”
There were tools for holders, but now it’s time. You need a tool for merchants to take DogeCoin’s usefulness to the next level. @houseofdoge is building…
– Timothy Steving (@TJSTEBBING) September 24, 2025
The Dogecoin Foundation director said that while tools are being developed for holders in this respect, there will be a time when Merchants will create tools to take Dogecoin’s utilities to the next level.
Stebbing noted that Houseofdoge, the official corporate division of the Dogecoin Foundation, is building merchant solutions that start with grassroots and build chains into businesses. The purpose of this is to accept and move the needle, bringing the next billion people into the ecosystem.
In another tweet, Stebbing criticized the concept portrayed by some members of the crypto community, “Dogecoin is a joke.”
DogeCoin ETFs welcome options trading
In exciting news for Dogecoin, digital asset manager Rex Osprey announced that the options are currently trading on the Rex-Soprey Doge ETF, giving investors the flexibility to hedge positions, pursuing income possibilities and responding quickly to evolving digital asset landscape opportunities.
Doje is the first Doge ETF in the United States to launch last week towards excitement in the Crypto community.
Dogecoin has seen an increase in whale activity over the past 24 hours. According to Whale Alert, 126,275,187 Doge, worth $29,860,454, has been moved from Gate to an unknown wallet. A total of 349,400,000 DOGE worth $83,281,841 was also transferred between unknown wallets. On September 23rd, 800,000,000 DOGE worth $189,773,571 was moved from an unknown wallet to Binance.