How stablecoins are revolutionising property investment
Written by Barry James, Moneybrain Global Ambassador
According to global real estate agents, Savills, the total value of property is in excess of $379trillion globally and just over 75% is in the form of residential as opposed to commercial property. In 2024, the global market for real estate tokenisation using blockchain and stablecoins was worth $3.8 billion and is estimated to potentially reach $26 billion by 2030. Stablecoins are increasingly being used in many different transactions as a form of payment; indeed, in Q2 of 2024, stablecoins amounted to $8.5 trillion in transaction volume - bigger than Mastercard, Visa and PayPal. A factor driving the use of blockchain-powered stablecoins is that land registries are keen to reduce the time it takes to change the title of ownership when a property is bought and sold. According the UK Government, it can presently take up to 180 days for the title on a property to be changed.
Source: Gov.UK
The recent developments in Jersey, where property investment is being re-imagined through blockchain…
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