terra holds every sale and rental payment in on-chain escrow until buyer and seller both confirm. No wire delays, no informal middleman, no funds released on trust alone.
Every step of a typical sale or rental leaves one side exposed — usually the one sending money first.
Funds go straight from buyer to seller, or through an informal agent, with nobody accountable in between.
Bank wires between parties take days and carry fees that eat into the deal before it's even closed.
Naira-denominated deals expose both sides to swings in value between the day of agreement and the day of payment.
When a deal goes wrong, there's rarely an auditable record of who paid what, and when.
Listings live in a normal database — the money never does. Every sale is a single on-chain record that moves through these states in order.
Seller and buyer agree a price; the sale record is created on-chain.
Buyer deposits USDC into the contract. Funds are locked, visible to both parties.
Each party confirms their side of the deal independently.
Once both confirm, funds release to the seller automatically — no manual step.
If either side raises a dispute after funding, the sale freezes for arbiter review — funds only move to a refund or a release, never anywhere else.
Arc is Circle's EVM-compatible chain, built so USDC is the native gas token. A buyer funding a sale never needs to hold a separate token just to pay network fees — the currency of the deal and the currency of the network are the same thing.
That removes the single biggest UX barrier for someone who has never touched crypto before: there's no bridging step, and fees stay predictable in dollar terms instead of swinging with a volatile gas token.
Searches listings and pays in USDC directly, or in Naira through an automatic conversion — no wallet experience required to get started.
Lists a property, waits for escrow to fund, and can convert settled USDC straight back to a Nigerian bank account.
Holds on-chain authority to step in only when a dispute is raised — never to touch a sale that's proceeding normally.
Everything that doesn't need to be trustless — search, photos, KYC status, notifications — stays in a normal database. Everything that touches money is a Solidity contract on Arc.
A timed bidding window with a minimum increment. The highest bid locks in escrow as it comes in; every losing bidder is refunded the moment the auction closes, with no manual intervention.
terra is live on Arc Testnet today. Connect a wallet, fund a sale with test USDC, and see escrow close in real time.