Ripple CryptEscrow Partnership Brings Crypto Into Real Estate
Photo: TronWeekly
Ripple CryptEscrow partnership seeks to provide US cryptocurrency holders with an easier method of buying property with their cryptocurrencies. This partnership bridges the blockchain platform offered by Ripple and the fiat-to-cryptocurrency settlement services provided by CryptEscrow, enabling buyers to pay for property acquisition in cryptocurrency while the sellers are paid in traditional money. Through this partnership, CryptEscrow will offer the service of converting cryptocurrency to traditional money in order to enable sellers, developers, and title firms to receive traditional money payments without dealing with cryptocurrencies directly. The Ripple CryptEscrow partnership seeks to bridge cryptocurrency funds with traditional real estate closings.
Source: TronWeekly
