Coinbase Partners With Better for Crypto-Backed Mortgages in US

Crypto-backed mortgages have taken a step forward with the launch of Coinbase's new product in partnership with Better Home & Finance. This innovative offering allows U.S. homebuyers to pledge Bitcoin or USDC held on Coinbase as collateral for a separate down payment loan.

The primary mortgage follows standard Fannie Mae guidelines and is originated and serviced by Better Home & Finance. According to the terms, mortgage rates and terms do not change with Bitcoin price swings after the loan begins, and no margin calls apply as long as the borrower remains current on payments.