UAE real estate embraces stablecoins as Tether, Reelly Tech educate agents

TETHER and Reelly Tech combine to integrate the USDT into real estate transactions with water.

The partnership aims to improve the efficiency of real estate agreements while educating agents on practical applications of stable.

Reelly Tech, which connects more than 30,000 real estate agents on water and international markets, will collaborate with Tether (USDT) to launch an interactive educational series.

This initiative will help agents understand how stablecoins like USDT can be used in Real estate purchasesProvide secure and transparent transactions.

THE collaboration comes then that the water real estate sector is experiencing record growth. In 2024, the value of out -of -plan sales increased to 283 billion DEA, an increase of 27.5% compared to the previous year. The partnership aims to capitalize on this momentum, positioning USDT as a viable financial tool for property buyers, developers and agents.

Water has become a world leader in the adoption of cryptocurrency, ranking third behind Singapore and Hong Kong, according to Chainalysis and the Henley Index 2024 report.

Regulatory executives of the country, including the global market of Abu Dhabi and Dubai virtual asset regulatory authority, have favored an environment that attracts digital asset companies.

The embrace of the water attachment

Tether has increased his presence in the region thanks to initiatives such as his collaboration with Rak Dao to promote the education of blockchain and acceptance of the USDT as a virtual asset in the ADGM.

The CEO, Paolo Ardoino, stressed that the partnership aligns with TETHER’s objective to promote blockchain innovation and financial inclusion.

“The progressive position of water on technology and its leadership in the adoption of digital assets in the MENA region make it an ideal center for pioneering advancement … Together, we aim to rationalize real estate transactions, to promote growth sustainable and to define new references for innovation in the region, ”said Ardoino.

In August 2024, attachment Announced plans To launch a stablecoin fixed to the United Arab Emirates. The company said that it would collaborate with Phoenix Group PLC and Green Acorn Investments Ltd.