Coinbase partners with Better to launch crypto-backed home loans, allowing payments with BTC and USDC for the down payment this summer

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Deep Tide TechFlow update: On June 05, according to Cointelegraph, Coinbase and Better Home & Finance announced that they will roll out a crypto asset-backed mortgage program in the summer of 2026. The program will allow eligible borrowers to use Bitcoin (BTC) or USDC as collateral to fund down payments for mortgages supported by Fannie Mae. The move comes against the backdrop of the U.S. FHFA’s June 2025 instruction to Fannie Mae and Freddie Mac to include crypto assets in mortgage risk assessments, without converting them into fiat currency.

So far, other lenders such as Newrez have also followed similar initiatives. However, some U.S. senators have raised concerns that fluctuations in crypto asset prices could threaten stability in the housing market. Republican Senator Cynthia Lummis has proposed the “21st Century Mortgage Act,” with plans to lock in the above policy through legislation.

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