A collaboration between Coinbase and the Federal Home Loan Mortgage Corporation with Better Home & Finance to launch mortgage loans backed by #بيتكوين for homebuyers in the United States.

Borrowers can pledge Bitcoin or digital dollars as collateral for the down payment, allowing them to retain their assets and avoid selling them, which could be subject to taxes.

These loans are structured as traditional mortgage loans supported by the Federal Home Loan Mortgage Corporation, meaning they follow standard lending rules and offer the same protections as conventional mortgages.

This product targets regular buyers who are unable to provide a down payment.

Better Home & Finance states that 41% of American households cannot purchase homes due to a lack of cash liquidity, despite holding savings in other assets.

Rising interest rates and increasing home prices have reduced purchasing power.

For example, a targeted buyer of a $400,000 home may find it difficult to gather $40,000 in cash without selling assets and facing tax and legal complications.

Coinbase says this offering integrates cryptocurrencies into traditional mortgage financing.

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