High-net-worth investors in Europe have accepted purchasing European real estate through crypto assets

BlockBeats News, January 11 — Brighty, a crypto payment application co-founded by Nikolay Denisenko, stated that over the past year, hundreds of high-net-worth investors have used cryptocurrencies to purchase property in Europe. The platform has facilitated over 100 transactions, mainly in the UK, France, Malta, Cyprus, and Andorra, with individual transaction amounts ranging from approximately $500,000 to $2.5 million. Previously, high-net-worth clients mainly used USDC issued by Circle. To avoid exchange costs, more and more clients are turning to euro-pegged stablecoins (such as EURC). (CoinDesk)