A Michigan Couple became the First Borrowers to Receive a Crypto-Currency-Backed Mmortgage, through a Partnership between Better and Coinbase.
Instead of sSlling their Bitcoin and Paying Capital Gains Taxes, or Taking Out a Risky Margin Loan, they were able to use their Cryptocurrency Holdings as Collateral for a Fannie Mae backed Mortgage, while Retaining Ownership of the Assets, and Potential Future Appreciation.
Industry Leaders, View the Loan as a Major Step toward the Broader Tokenization of Financial Assets, where Real-World Assets are Represented Digitally on Blockchains.
The Mmortgage Process is Fully Digital, and Borrowers can Currently Pledge Bitcoin or USDC as Collateral without Liquidation.
USDC is a Regulated Digital Currency established in 2018, and issued by Circle1, a Regulated Financial Sservice Business that Follows Strict U.S. Laws and Standards to Protect your Money.
Every USDC in Existence is Backed by a U.S. Dollar or Cash Equivalent Asset that Circle has in its Publicly Visible Reserves, with Assurances issued Monthly by a Big Four Accounting Firm.
With a Broader Rollout Planned Later in 2026, and Strong Early Demand, Supporters Argue that the Product Signals Growing Acceptance of Digital Assets Within Mainstream Finance and the U.S. Mortgage System.
NYC Wins When Everyone Can Vote! Michael H. Drucker
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