Wealthy investors use crypto to buy European real estate

Hundreds of wealthy investors are purchasing real estate in Europe with cryptocurrency, CoinDesk reported. Nikolai Denisenko, co-founder of the startup Brighty and a former senior back-end engineer at Revolut, stated that his firm has facilitated over 100 apartment purchases for high-net-worth individuals (HNWIs). These clients reportedly prefer using euro-denominated stablecoins like EURC to avoid currency exchange fees.