⚈ Trump Tower Dubai receives cryptocurrency payments for apartments costing from a million dollars.
Eric Trump says that the project defines the luxury and price standards of Dubai Real Estate.
⚈ Crypto volatility problems have been relieved with stability, making real estate payments more viable.
To be designed for completion In 2029The 47-storey Trump Tower in Dubai, located on Sheikh Zayed Road, offers a variety of shopping plans, estimated at an estimated four-bedroom apartment to up to $ 1 million for $ 1 million for $ 20.4 million for penthouse.
Namely, Trump's organization confirmed that EVP Eric Trump accepts payments with cryptocurrencies on real estate purchases with cryptocurrency NationalNews publication based on the United Arab Emirates, On April 29To.
“The Dubai Real Estate Market will continue to be absolutely burning and we set a new standard for the square foot and the price of luxury in the market,” Trump said.
Trump Tower Dubai, who agrees for cryptocurrency for payment, can accelerate adoption
Although the acceptance of cryptocurrency payments for real estate is nothing new – the first such case that took place in 2022 has not begun to reach the mainstream appeal and reached. Developments related to the Trump Tower in Dubai could change this forward movement.
Eric Trump (EVP), CEO of the organization, disclosed the official launch of the project on 11 December 2024 X postannouncing a billion investment in Dubai.
If there is a more mature cryptocurrency ecosystem, especially when stability elevations, the main obstacle to the widespread use of crypto in real estate transactions, volatility was now considered as a major obstacle, it is now completely solved.
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