ChainCatcher news, according to Bitcoin.com, Spanish real estate technology company Enlace reveals that the number of real estate transactions using some form of cryptocurrency as a payment method has significantly increased this year.

The company found that due to the advantages of these payment methods, such as faster fund availability compared to traditional home buying methods and greater savings compared to international bank transfers, the usage rate of this payment method increased by 15% in 2024.

This trend is particularly evident in major cities like Barcelona, Madrid, and Valencia, where cryptocurrency transactions account for 60% of all transactions in the industry. Enlace expects that approximately 6% of real estate transactions will involve cryptocurrency payments in 2024.