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Home Blockchain

Tether and Reelly Tech Partner to Transform UAE Real Estate Transactions

by DigestWire member
February 6, 2025
in Blockchain, Crypto Market, Cryptocurrency
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Tether and Reelly Tech Partner to Transform UAE Real Estate Transactions
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The post Tether and Reelly Tech Partner to Transform UAE Real Estate Transactions appeared first on Coinpedia Fintech News

In a latest development, Tether, the stablecoin giant, has signed a groundbreaking Memorandum of Understanding (MoU) with Reelly Tech, a top real estate B2B platform in the UAE. 

This partnership marks a big step forward in real estate technology, enabling over 30,000 local and international agents on Reelly Tech’s platform to leverage the power of USDT, improving processes and boosting efficiency in the region’s fast-growing market.

As part of the partnership, Tether and Reelly Tech will create an interactive educational series to be promoted on Reelly Tech’s platform. This initiative helps agents explore how stablecoins can transform property transactions, and understand the various practical applications, such as USDT transfers for real estate purchases with confidence and security.

Notably, Reelly is a B2B platform connecting over 30,000 agents in the UAE and international markets. The platform plays a key role in the UAE real estate market, where agents handle about 95% of property transactions, helping developers capitalize every lead.

With Dubai’s real estate market booming, Tether and Reelly aim to simplify property purchases using stablecoins, enhancing efficiency for buyers, developers, and agents. The UAE ranks third in global cryptocurrency adoption and has become a digital asset hub, with a growing market worth $338 billion. Tether’s plan to launch a dirham-pegged stablecoin highlights the region’s expanding demand for crypto solutions.

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