The seller of a $5.5 million property in Carbonear, Canada, is willing to accept payment in any one of 28 fiat currencies or three cryptocurrencies. Those cryptos welcomed for payment of the Stone Jug are the top three by market capitalisation – Bitcoin (BTC), Ether (ETH), and XRP.
As you probably guessed from its seven-figure price tag, the Stone Jug is a pretty luxurious property. Spanning three floors, the building has previously hosted performances by traditional Irish and Newfoundland musicians, as well as various other local entertainers.
Could the Stone Jug be the First Property to be Bought with XRP?
According to an advertisement on property listing website Propy, the Stone Jug in Carbonear, Newfoundland is up for sale for $5.5 million. The grandiose nineteenth-century building can be exchanged for Bitcoin, Ether, or XRP. Current owner, Bruce Branan, will also accept payment in 28 fiat currencies. Along with the likes of the Canadian dollar, US dollar, and euro, the list includes much smaller currencies such as Philippine piso, Czech koruna, and Thai baht.
The property being offered for cryptocurrency has been constructed with one-metre thick stone walls that are intricately carved. Each of the three floors is furnished using reclaimed wood imported from China.