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Monday, May 20, 2024

A billion-dollar real estate startup will now offer crypto payments

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Large companies will have to adapt as crypto starts to engulf the world. That is exactly what is happening as Pacaso, a billion-dollar real estate firm will now allow crypto payments to purchase second homes.

Within their press release, they state that aspiring homeowners will be able to pay for crypto using the major coins.

 In an industry first, aspiring co-owners will now be able to pay for their second homes with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Wrapped Bitcoin (WBTC), and a number of other cryptocurrencies, including five USD-pegged stablecoins.

They also note that it was an easy decision to accept crypto payments, as they see continued adoption across the real estate industry.

“Digital currencies and the blockchains that power them are seeing increased adoption across the real estate industry, and a crypto payment option is a recurring topic in our conversations with prospective buyers of second homes,” Said Austin Allison, Pacaso’s founder, and CEO.

Cryptocurrencies will continue to have an impact on not just real estate but many other industries as well. It is only a matter of time before we see widespread adoption.

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