European high-net-worth investors have accepted purchasing European real estate through crypto assets

BlockBeats news, on January 11, Nikolay Denisenko, co-founder of the crypto payment app Brighty, stated that in the past year, hundreds of high-net-worth investors have used cryptocurrency to purchase real estate in Europe. The platform has facilitated over 100 transactions, mainly concentrated in the UK, France, Malta, Cyprus, and Andorra, with individual transaction amounts ranging from $500,000 to $2.5 million. Previously, high-net-worth clients mostly used USDC issued by Circle, but now, to avoid conversion costs, more clients are turning to euro-pegged stablecoins (such as EURC). (CoinDesk)