XRP For Real Estate? Big Company in Japan Says Yes!

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Open House Group Co., Ltd., one among the highest five real estate firms in Japan based on money made, now takes XRP for getting properties. Emi Yoshikawa, former Vice President of Strategy Initiatives at Ripple, shared this news on X. This move makes it easier for buyers from other places to accumulate properties in Japan.

From Two Coins To Five Different Selections

On January 31, 2025, the Tokyo-headquartered company began to just accept Bitcoin. At the moment, Bitcoin and Ethereum were the one two big cryptocurrencies used for payments. Now, Open House added three more: XRP, SOL (Solana), and DOGE (Dogecoin). Customers now have five different digital currencies to pick from when buying real estate.

Easier For International Buyers

People from other countries can now use the altcoin to purchase property in Japan, so long as it matches their very own country’s rules. Open House Group owns and manages homes, office spaces, and studio condos in big cities like Tokyo, Osaka, Fukuoka, and Nagoya. The corporate handles every part from property development to sales and management, offering what they call “one-stop solutions” for his or her clients.

XRP is currently trading at $2.4. Chart: TradingView

XRP Growing In Payments

In 2023, XRP was one among the highest used cryptocurrencies for payments. In response to BitPay, which works with many stores around the globe, XRP payment transactions went up by 40% that yr. Open House adding XRP shows that more businesses are integrating it for payments.

A picture rendering of an actual estate property in Japan. Source: Gemini Imagen

What This Means For The 4th-Largest Cryptocurrency

Because the fourth-biggest cryptocurrency by market cap, XRP could see wider adoption because of this recent development. Yoshikawa believes Open House Group is a crucial name in Japan’s real estate market.

Given the corporate’s strong position, many purchasers might decide to pay with XRP when buying properties. This might drive more people to make use of the cryptocurrency for giant transactions.

Open House made this decision as more businesses worldwide are starting to just accept cryptocurrencies as payment. Real estate, which involves big transactions and international deals, seems especially open to this trend. For buyers, using crypto can sometimes be quicker and easier than going through banks, especially for cross-border purchases.

Now, foreign buyers seeking to buy property in Japan have more ways to pay without coping with complicated wire transfers or currency exchanges. By adding XRP together with other popular cryptocurrencies, the corporate shows that it trusts these digital assets as reliable payment options for expensive purchases.

Featured image from Pexels, chart from TradingView

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