3rd Qatar Real Estate Forum: Panel Highlights Advancing Residential Projects, Role of Stablecoins

Doha: It is vitally important to advance residential projects that deliver a high quality of life, allow for the building of a community life for residents within the real estate project, and are designed in a way that accommodates everyone, female real estate activists underscored on Tuesday.

According to Qatar News Agency, they were speaking at a panel discussion organized by Cityscape, titled: "Designed to Thrive: Creating Human-Centric Spaces that Inspire and Connect," held as part of the 3rd Qatar Real Estate Forum, which wraps up Tuesday.

The activists pointed out that the field of real estate development is increasingly pivoting toward building an enduring legacy for the next generations through designing and implementing sustainable and integrated ventures that include all utilities and green spaces, as well as public spaces that enable their population to maintain a societal life within the real estate project.

Priority should be given to the environmental aspect through advancing sustainable buildings, designing buildings consistently with the nature of the area, and providing shaded walkways to protect pedestrians from heat exposure, naturally cooling pedestrian paths, in addition to offering urban green spaces, they noted.

On another note, during a session titled: Real Estate Today: Cross-Border Property Payments via Stablecoins, organized by Cityscape, Chief Executive Officer, Deus X Pay, Richard Crook, spoke about the crucial role of stablecoins (a type of digital currency) in facilitating cross-border money transfers.

He explained that cross-border payments via stablecoins are executed faster than conventional banking methods and more securely and safely, which facilitates real estate investors abroad in transferring funds and completing their transactions.

Crook also noted that the transaction volume of cross-border payments using stablecoins is rapidly increasing, having surpassed USD 1 trillion per month, with expectations that this figure will double in the coming months.