Global real-estate firm Jamestown LP has enabled rental payments with cryptocurrency.
What Happened: According to a report from Real Estate Weekly, Jamestown has partnered with cryptocurrency payments provider BitPay to enable crypto rental payments.
See Also: How To Buy Bitcoin (BTC)
BitPay was also the payments provider of choice for AMC Entertainment Holdings Inc (NYSE:AMC) when it started accepting Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) for movie tickets.
Jamestown will enable rental payments in cryptocurrencies like Bitcoin (CRYPTO: BTC), Bitcoin Cash (CRYPTO: BCH), Ethereum (CRYPTO: ETH), Wrapped Bitcoin (CRYPTO: WBTC), Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTC), and five USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD).
“Blockchain technology and the digital assets it enables, like cryptocurrencies and non-fungible tokens, are key components to the evolution of real estate,” said Michael Phillips, President of Jamestown.
The real-estate firm plans to roll out the program throughout the U.S. which covers its properties located over 26 million square feet. Included in this list are Ponce City Market in Atlanta, Ballston Exchange in Arlington, and Levi’s Plaza in San Francisco.
See Also: HOW TO BUY DOGECOIN (DOGE)
Price Action: According to data from Benzinga Pro, BTC was trading at $39,700, up 1.36% over 24 hours. ETH was trading at $2,900, up 1.61% and DOGE was trading at $0.13, down 2.37% over the same period.
