Coinbase and Better Team Up for Bitcoin-Backed Mortgage Program

Coinbase has teamed up with Better Home & Finance to introduce a novel mortgage program that utilizes Bitcoin and USDC as collateral for down payments on Fannie Mae-backed home loans by summer 2026. This innovative approach aims to bridge the gap between traditional housing finance and digital assets, allowing borrowers to leverage their cryptocurrency holdings directly.

The initiative reflects a broader shift toward tokenized finance, as emphasized by Better founder and CEO Vishal Garg. He stated that the program is designed to expand access to qualified borrowers who face difficulties clearing down payment hurdles due to their wealth being held in non-traditional assets.