Ripple and CryptEscrow launch service for crypto-to-cash home purchases in US
Photo: CoinTurk News
Ripple has announced a partnership with CryptEscrow to allow US property buyers to purchase real estate using cryptocurrency, including XRP and RLUSD, while sellers receive payment in US dollars. The collaboration aims to simplify crypto-funded real estate transactions and broaden the practical use of digital assets in the housing market. The partnership links Ripple’s blockchain technology with CryptEscrow’s crypto-to-fiat conversion services. Through this integration, buyers can pay for properties in cryptocurrency, and CryptEscrow handles the conversion so sellers, developers, and title firms receive conventional dollars, removing the need for them to interact directly with digital assets.
Source: CoinTurk News
