**🚀 Why Dubai Chose XRP Over Bitcoin for Its $16B Real Estate Tokenization Project**
Dubai’s government recently selected **XRP Ledger (XRPL)** over Bitcoin for its massive **$16 billion real estate tokenization initiative**, and here’s why:
### **Key Reasons Behind XRPL’s Selection**
✅ **Speed** – XRPL settles transactions in **3-5 seconds** vs. Bitcoin’s **10+ minutes**.
✅ **Low Cost** – Transactions cost a **fraction of a cent** (Bitcoin fees can spike unpredictably).
✅ **Scalability** – XRPL handles **1,500 TPS** vs. Bitcoin’s **7 TPS**, crucial for large-scale projects.
✅ **Sustainability** – XRPL’s **energy-efficient consensus** aligns with Dubai’s green initiatives.
✅ **Institutional Readiness** – Ripple’s partnerships with banks & regulators made XRPL a trusted choice.
✅ **Proven Utility** – XRPL supports **CBDCs, stablecoins, and tokenization**, unlike Bitcoin’s store-of-value focus.
### **Why Not Bitcoin?**
While Bitcoin is the king of crypto, its **slow speed, high fees, and lack of tokenization features** made it unsuitable for Dubai’s real-world asset (RWA) project.
### **Final Takeaway**
Dubai’s decision highlights **XRPL’s real-world utility**—speed, efficiency, and scalability win in enterprise adoption.
🔗 **Source:** [The Crypto Basic](https://thecryptobasic.com)
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