Better and Coinbase Launch Bitcoin-Backed Mortgage Product for US Homebuyers
Source Summary
Better and Coinbase have launched a mortgage product allowing US homebuyers to use Bitcoin as collateral for down payments without selling their holdings. The crypto-backed mortgage enables borrowers to pledge Bitcoin directly to secure financing.
Why it matters
This product enables cryptocurrency holders to access mortgage financing while retaining their Bitcoin exposure, creating a new financial instrument that bridges crypto assets and traditional real estate lending.
