Dubai Market Turmoil May Be Driving Demand for Stablecoins
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Rising demand for USD Coin may be linked to investor behavior in the Middle East.
Dubai-based analyst Rami Al-Hashimi suggests that turbulence in the UAE’s property sector is pushing investors toward digital assets as a safer way to move capital.
Recent data shows the DFM Real Estate Index dropping sharply from around 16,800 to nearly 11,500, reflecting heavy selling pressure in the real estate market.
According to Al-Hashimi, some property sellers have even begun offering discounts for buyers willing to pay in Bitcoin, signaling a shift in how investors respond to financial uncertainty.
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fr tho if ur gonna sell ur apartment and accept bitcoin u might as well start accepting dogecoin at this point lol