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\n\t\t\t\t\t\t\t\t\tIn a historic first, a major US mortgage provider will allow users to collateralize mortgages with cryptocurrencies. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
One of the leading mortgage-finance companies in the United States will soon begin accepting mortgages backed by cryptocurrencies. This is unprecedented and a first for the industry, marking yet another step toward mainstream financial transactions.<\/p>\n
According<\/a> to an exclusive report by the Wall Street Journal, the mortgage company Better Home & Finance, as well as the largest US-based cryptocurrency exchange, Coinbase, will announce a new mortgage product that would allow home buyers to pledge their crypto holdings when getting a mortgage backed by Fannie Mae.<\/p>\n At the time of this writing, it is not clear exactly which cryptocurrencies will be eligible for these products, nor how the collateral itself will be valued.<\/p>\n That said, the news marks a fundamental shift in how crypto is perceived in the country, potentially unlocking hundreds of billions in liquidity, as users will no longer need to sell their digital assets to finance a home.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n
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