POPA ReconCoinbase & Better Open Crypto-Backed Mortgages to All
Coinbase & Better Open Crypto-Backed Mortgages to All Better and Coinbase made their token-backed conforming mortgage generally available, letting Coinbase One members pledge BTC or USDC to cover a home down payment instead of selling holdings. The product pairs a Fannie Mae-backed home loan with a separate down-payment loan secured by Bitcoin; both carry the same interest rate and term and are repaid as one monthly payment. Borrowers must pledge BTC worth at least 250% of the down-payment loan, transferred to Better's custodial account on Coinbase Prime, with USDC also supported. Coinbase O…
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