The U.S. housing market and cryptocurrency are becoming increasingly associated through innovation in real estate transactions, tokenization, and blockchain technology:
1. Tokenization of Real Estate: Properties can be divided into digital tokens, allowing fractional ownership. Investors can buy small portions of real estate using cryptocurrencies.
2. Smart Contracts: Blockchain-based smart contracts automate property transactions, reducing paperwork and increasing transparency.
3. Crypto Payments: Some sellers and platforms now accept Bitcoin or other cryptocurrencies for property purchases.
4. Decentralized Finance (DeFi): DeFi platforms are exploring crypto-backed mortgages or loans for real estate investments.