XRP Takes Japan by Storm
Open House Group Ltd., one of the leading real estate firms in Japan by revenue, has started accepting XRP as a payment method for purchasing properties. The announcement was made by Emi Yoshikawa, former Strategic Initiatives Vice President at Ripple, on platform X. This decision is expected to facilitate smooth property transactions for buyers from other countries looking to invest in Japanese real estate.
From Two Coins To Five Different Choices
As of January 31, 2025, the company based in Tokyo began accepting Bitcoin as a form of payment. At that time, Bitcoin and Ethereum were the primary cryptocurrencies used for transactions. Recently, Open House has expanded its options by including three additional digital currencies: XRP (Ripple), SOL (Solana), and DOGE (Dogecoin). Consequently, customers now have a total of five diverse cryptocurrencies to select from when purchasing real estate.
Major Japanese real estate company Open House now accepts XRP for property purchases in Japan !
オープンハウス、暗号資産 XRP SOL DOGE決済対応開始。グローバル顧客向け中国語繁体字サイトも同時オープン。
— Emi Yoshikawa {X} (@emy_wng) March 21, 2025
Easier For International Buyers
Individuals hailing from different nations now have the opportunity to purchase real estate in Japan using altcoins, provided it adheres to their home country’s regulations. The Open House Group, a prominent real estate firm, oversees and manages homes, office spaces, and studio condos in major metropolises such as Tokyo, Osaka, Fukuoka, and Nagoya. Their services encompass property development, sales, and management, offering what they describe as “comprehensive solutions” to their clientele.
XRP Growing In Payments
In the year 2023, XRP emerged as one of the most commonly utilized cryptocurrencies for making payments. According to BitPay, a company that collaborates with numerous global retailers, there was a 40% increase in XRP transaction volumes that year. The adoption of XRP by Open House indicates that an increasing number of businesses are incorporating it as a means of payment.
What This Means For The 4th-Largest Cryptocurrency
With its position as the fourth largest digital currency in terms of market value, XRP might witness broader usage due to this recent advancement. Yoshikawa considers Open House Group a significant player within Japan’s property sector.
Due to the company’s robust standing, it is likely that a significant number of customers may opt to transact in XRP when purchasing properties. This could potentially lead to increased usage of this cryptocurrency for larger financial transactions.
It appears that Open House has chosen to embrace the growing trend of businesses worldwide accepting cryptocurrencies as a means of payment. Given its nature of large transactions and international dealings, the real estate sector seems particularly receptive to this shift. For buyers, utilizing cryptocurrencies can sometimes provide a quicker and more convenient option compared to traditional banking methods, especially for cross-border purchases.
Currently, international clients interested in purchasing property in Japan now enjoy a wider range of payment methods, bypassing intricate wire transfers and currency conversions. By incorporating XRP alongside well-known cryptocurrencies, the company demonstrates confidence in these digital assets as dependable payment alternatives for high-value transactions.
Read More
- Gangs of London shares first look at season 3 for 2025 release
- The best VALORANT crosshair codes from pro players
- The best Monster Hunter Wilds mods and how to install them
- Baldur’s Gate 3 Patch 8 Lined Up For 2025 Release with Full Cross-Play, Photo Mode, and Twelve Subclasses
- Assassin’s Creed Shadows voice actors (English and Japanese)
- Freja is the next Overwatch 2 DPS hero — here’s a first look!
- Who is Ashley Walters? How star of Netflix hit Missing You overcame prison stint and near-fatal attack to form a chart-topping band and launch a BAFTA-winning acting career
- ARC PREDICTION. ARC cryptocurrency
- EA Sports FC 25 To See Return of Diego Maradona This Week After Legal Dispute
- GDC 2025 location, dates, tickets, and details
2025-03-24 11:56