Seeking Alpha
2021-12-17 14:07:39

Harbor Custom Development plans to accept bitcoin, 12 other cryptos as payment

In the wake of increasing digital asset usage across the globe, Harbor Custom Development (NASDAQ:HCDI) plans to accept bitcoin (BTC-USD) and 12 other cryptos as payment for its real estate. This real estate consists of listed land, developed lots, residential homes, condominiums, and apartments in Washington, California, Texas and Florida, starting in January 24, 2022. In addition to BTC, the company will also accept ethereum (ETH-USD), USD Coin (USDC-USD), ripple (XRP-USD), dogecoin (DOGE-USD), shiba Inu (SHIB-USD), binance (BNB-USD), wrapped bitcoin (WBTC-USD), litecoin (LTC-USD), dai (DAI-USD), bitcoin cash (BCH-USD), pax dollar and gemini dollar. Note that the company can add or subtract certain cryptos from the list prior to the launch. All real estate transactions will be settled in U.S. dollars, the company says. Meanwhile, "we anticipate taking additional steps to further our presence and adoption of Web 3.0," says Harbor Chief Operating Officer Jeff Habersetzer. Previously, (Dec. 3) Harbor bought a

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