A $14 million USDT deal in Miami showcases the future of real estate, where stablecoins replace bank transfers.

An international buyer made an unprecedented deal in Miami, spending nearly $14 million USD in USDT cryptocurrency to acquire five commercial properties. Each transaction was completed in less than a minute — an operation that would have taken several days using traditional bank transfers. This story illustrates how stablecoins are becoming a practical alternative for large-scale financial transactions in the real estate market.

Why Stablecoins Are Displacing Banking Systems

The deal took place in the Winwood district of Miami through the Mohawk platform. The total amount was exactly $13,920,063 USD, calculated in USDT — a stablecoin pegged to the US dollar. The transaction speed — less than 60 seconds per transaction — is enabled by blockchain technology, which eliminates bank intermediaries and allows for direct, verifiable payments.

Traditional international transfers require passing through multiple financial institutions, taking days and incurring fees. Stablecoins like USDT solve this problem: they allow assets to be converted into a reliable form, transferred almost instantly, and converted back into the desired currency without delays.

Propy and the Revolution of Tokenization in Real Estate

Behind this transformation is Propy, a company specializing in using blockchain to optimize property transactions. Together with partners Ciprés and Rilea Group, they confirmed the successful completion of a deal where five different properties were purchased simultaneously with cryptocurrency.

“Bitcoin and digital assets can now function as capital for the real estate market,” said Natalia Karayaneva, CEO of Propy. “Virtual assets are becoming a practical option for buyers seeking flexibility, and for developers aiming to access global demand.”

Why Miami Is Becoming the Crypto Capital of Real Estate

Miami has already established itself as a center for crypto real estate thanks to the concentration of international investors and developers open to alternative payment schemes. The high share of foreign capital and the city’s cosmopolitan nature create ideal conditions for experimenting with digital assets.

By 2025, the real estate market financed by cryptocurrency reached $4.2 billion. This indicates growing trust in digital assets as a serious tool for large investments.

Expansion Plans and the Future of the Industry

Propy is not stopping there. At the end of 2025, the company announced plans to expand by $100 million, aimed at acquiring and modernizing mid-sized companies involved in property registration across the US. The goal is to implement blockchain technology and artificial intelligence to replace outdated manual processes that still dominate the industry.

The Miami deal demonstrates that this transformation has already begun. When cryptocurrency payments are faster, cheaper, and easier than traditional bank transfers, the market is shifting to new standards. USDT, Bitcoin, and other digital assets are gradually becoming not an exotic experiment but a standard tool for international business.