Better and Coinbase launched Bitcoin-backed mortgages. US homebuyers can now use Bitcoin as collateral for a down payment without selling it. This new product integrates crypto into traditional home financing, making homeownership more accessible for digital asset holders.
Better and Coinbase have introduced a new mortgage product that allows US homebuyers to use Bitcoin. This service lets people pledge their Bitcoin as collateral for a down payment when buying a house. Crucially, they do not need to sell their digital assets to get the loan. This collaboration aims to make homeownership easier for crypto holders. It marks a significant move toward using cryptocurrencies in everyday financial transactions, bridging the gap between digital assets and traditional lending.
