Trump Tower in Dubai to accept crypto payments
Summary ⚈ Trump Tower Dubai will accept cryptocurrency payments for apartments priced from $1 million. ⚈ Eric Trump says the project will redefine luxury and price standards in Dubai real estate. ⚈ Crypto volatility concerns have eased with stablecoins, making real estate payments more viable. Scheduled for completion in 2029, the 47-story Trump Tower in Dubai, located on Sheikh Zayed Road, will offer a variety of purchasing plans, with prices estimated to range from $1 million for a four-bedroom apartment to $20.4 million for a penthouse. Notably, the Trump Organisation has confirmed it will accept cryptocurrency payments for property purchases, per a statement made by EVP Eric Trump to The National , a United Arab Emirates-based news outlet, on April 29. “Dubai’s real estate market is going to continue to absolutely boom and we’re going to set the kind of new standard in terms of price per square foot and luxury in the market,” Mr Trump said. T...