BiyaPay Analyst: With no reliance on banks and no need for real-name verification, cryptocurrency is entering the real estate market, with anonymous transactions by the wealthy becoming a new trend

BlockBeats News, July 25th, according to BiyaPay analysts, one of the largest luxury real estate brokerage firms in the United States — Christie's International Real Estate is establishing a dedicated team to allow buyers to directly purchase high-end properties using cryptocurrency. This marks the accelerated penetration of digital assets into the mainstream financial system, particularly sparking a new trend in the real estate sector.

The team is composed of lawyers, analysts, and cryptocurrency experts, committed to providing transaction services for buyers and sellers that do not rely on banks, especially catering to the needs of high-net-worth individuals for anonymity and fund efficiency. In 2024, a $65 million Beverly Hills estate transaction was completed through cryptocurrency, with the seller unaware of the buyer's identity.

On a policy level, the United States recently passed the "Genius Act" and the "Clarity Act," supporting the compliance of stablecoins and crypto assets, fueling the ongoing trend. Experts predict that within the next 5 years, one-third of real estate transactions in the United States will support cryptocurrency payments.

BiyaPay analysts stated that BiyaPay is keeping up with this trend and now fully supports USDT deposits, allowing conversion into 30+ fiat currencies such as the US Dollar, Euro, Hong Kong Dollar, Singapore Dollar, ensuring secure and efficient international remittances. Additionally, the platform supports the free exchange of 200+ cryptocurrencies such as BTC, ETH, both spot and contract trading with zero fees, empowering users to flexibly allocate assets. Furthermore, BiyaPay also supports direct USDT trading of US and Hong Kong stocks, enabling users to participate in global market investments without the need for offshore accounts.