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Tether Partners with Reelly Tech to Simplify Real Estate Transactions

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Highlights:

  • Tether partners with Reelly Tech to make transactions easier for agents and buyers.
  • An educational series will help real estate agents learn how to use stablecoins for secure and fast property transactions.
  • The UAE supports digital assets with strong regulations that will help Tether expand its role in the region.

Tether has partnered with Reelly Tech, which operates as a top B2B real estate platform in UAE, to introduce USDT into real estate deals. The collaboration will improve the operational flow for real estate agents and developers. Over 30,000 agents using Reelly Tech’s platform will benefit from this program. The collaboration will improve the transaction speed and expand the financial choices available in the real estate marketplace.

The Dubai real estate sector is growing rapidly, with off-plan sales reaching 283 billion AED in 2024, which is a 27.5% increase from 2023. Tether and Reelly Tech will capitalize on growing interest to demonstrate the advantages of stablecoins in real estate transactions. Reelly Tech will deliver financial solutions that streamline payment processes and shorten transaction times.

Reelly Tech operates as a B2B platform that links real estate professionals with developers. The company offers its users property analysis tools and AI-based branding services. The platform contains more than 1,450 project listings which enables agents to create professional presentations rapidly. The partnership with Tether will extend its offerings by introducing digital payment solutions to the real estate market.

Educational Program Helps Agents Use Stablecoins

Tether partners with Reelly Tech to introduce educational content that teaches real estate agents about using USDT in their transactions. Agents can access the educational content through Reelly Tech‘s platform to gain insights about stablecoin payment security and its efficiency. The instructional program will include detailed guidelines along with practical use examples.

The educational content includes an explanation of how USDT stablecoins serve as payment tools for real estate acquisitions. The program will examine both regulations and best practice protocols to deal with digital assets in real estate properties. Agents who join the program will boost their proficiency with stablecoins and deliver enhanced financial solutions to their clients.

Developers will also benefit as they will have a more efficient way to manage payments while reducing dependency on traditional banking channels. The use of blockchain technology decreases operating expenses while speeding up transaction cycles to improve market fluidity and accessibility.

Tether Expands in the Digital Asset Market

Tether has expanded its Middle Eastern operations in recent years. The Abu Dhabi Global Market (ADGM) has recently included USDT as one of its authorized virtual assets. Financial institutions can incorporate USDT into their operational services.

Tether also teamed up with RAK DAO in Ras Al Khaimah to educate people about Bitcoin and stablecoins. These initiatives support the company’s goal to encourage blockchain adoption while promoting financially responsible innovation. UAE recently partnered with Shiba Inu to boost its operational framework.

The United Arab Emirates holds the position as the third most crypto-adopting nation after Singapore and Hong Kong. A favorable regulatory structure for digital assets enables the UAE to draw international businesses into its innovative market. The UAE crypto market holds a $338 billion value which fuels an increasing need for stablecoin solutions.

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