Coinbase is partnering with Better Home & Finance to roll out crypto-backed mortgages backed by Fannie Mae, marking a step toward integrating digital assets into traditional housing finance.

The new offering allows qualified borrowers to pledge Bitcoin or USDC as collateral for a down payment without selling their holdings, avoiding potential capital gains taxes while maintaining exposure to their assets.

Structured as conforming loans, the mortgages carry the same standards and protections as traditional Fannie Mae-backed loans. Better originates and services the loans, while Coinbase provides custody and infrastructure for the pledged bitcoin or crypto.

The product targets…

Read more on BitcoinMagazine