Miami sees $14M real estate deal settled with USDT

A $14 million real estate transaction in Miami was settled using USDT, CoinDesk reported. The deal, facilitated by real estate tokenization firm Propy, involved the purchase of five commercial units under construction in the Wynwood neighborhood from developer Mohawk. Each payment was reportedly completed in under 60 seconds. The transaction marks the largest cryptocurrency real estate deal in the Miami market, the outlet noted.