Open House Japan Now Accepts XRP for Property Purchases
Open House Co.Ltd, a Tokyo-based real estate company, took a step forward and is ready to accept XRP as a payment option to ease the transactions.
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Emi Yoshikawa, previous VP for Strategy Initiatives at Ripple, has recently unveiled a thrilling breakthrough for the world of cryptocurrency. Japan’s top real estate firm, Open House, has broadened its payment terms to receive a more diverse range of cryptocurrencies. It followed up its initial 31 January 2025 announcement, where it first stated that buying homes could be done through cryptocurrency, initially confined to Bitcoin and Ethereum.
The company has just leapt ahead by introducing XRP, in addition to SOL and DOGE, as the supported cryptocurrencies. This means that foreign customers are now able to use XRP to buy properties in Japan, hence making property buying in major Japanese cities easier and more convenient.
XRP’s Inclusion: A Step Toward Wider Adoption
The addition of XRP as a payment option could have significant implications for the cryptocurrency. Open House’s decision highlights growing confidence in XRP’s utility. According to Yoshikawa, Open House is a “pretty big” real estate company in Japan, ranking fifth in revenue among real estate firms in the country.
Given this strong position in the market, many customers might prefer using XRP to pay for properties. This development enhances the adoption of XRP not only in Japan but also internationally, as more people become aware of its practical uses in real-world transactions.
Properties Across Major Japanese Cities
Open House has a portfolio of properties in leading Japanese cities such as Osaka, Tokyo, Fukuoka, and Nagoya. They possess properties of all types ranging from residential homes to office buildings and studio condominiums.
Their business model is to provide end-to-end services in the form of property management, sale, and development. Their one-stop-shop model has earned them a reliable name in Japan’s real estate industry.
The ability to purchase these properties using XRP and other supported cryptocurrencies simplifies the buying process for international customers. However, Open House has emphasized that all crypto payments must comply with the laws of the customer’s country of residence. This step ensures responsible usage while expanding payment flexibility.
Crypto Payments on the Rise
Adding XRP to the payment solutions provided by Open House is part of a broader trend of crypto adoption globally. Increasingly, companies have added XRP to their payment systems over the past few years. Bitpay is one of the top online platforms that allows users to accept crypto payments. This platform saw an interesting growth of 42% in their XRP payment.
Such statistics show that cryptocurrencies are becoming more than just speculative investments they are turning into practical financial tools. With a major player like Open House accepting XRP, it signals continued growth and real-world usage for the token.
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