Coinbase and Better Home & Finance will let eligible users secure home loan down payments using Bitcoin and USDC as collateral. This new initiative aims to make homeownership more accessible with digital assets.
Coinbase is teaming up with Better Home & Finance to offer a new way to pay for home down payments. This summer, qualified borrowers can use their Bitcoin or USDC as collateral. Collateral means using an asset as security for a loan. If a borrower cannot repay their mortgage, the lender can take the collateral. This move lets people leverage their crypto holdings for traditional financial goals like buying a home. It bridges the gap between digital assets and real estate, making homeownership potentially easier for crypto users.
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