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Coinbase, Better Partner for Crypto-Backed Mortgages
PYMNTS·
Coinbase and Better have launched a partnership allowing homebuyers to leverage their cryptocurrency holdings for down payments. Borrowers can now use Bitcoin or USDC as collateral for a loan, facilitating the purchase of a home. This innovative approach enables individuals to access traditional Fannie Mae mortgages while keeping their digital assets. The collaboration aims to bridge the gap between digital finance and real estate, offering a new pathway for homeownership by unlocking the value of crypto assets for a significant financial transaction.
Tickers
$COIN
Tags
fintech
crypto
housing
Original Source
PYMNTS — pymnts.com