News Explorer — US Government-Backed Mortgage System Now Accepts BItcoin, USDC as Loan Collateral

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Mar 27, 1:20 pm

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US Government-Backed Mortgage System Now Accepts BItcoin, USDC as Loan Collateral

The US government-sponsored mortgage system now allows BTC owners to obtain a crypto-backed mortgage conforming to Fannie Mae standards. Borrowers receive two loans, with BItcoin or USDC as collateral, but must lock up a significant portion of their assets.

The US government-sponsored mortgage system now allows BTC owners to obtain a crypto-backed mortgage conforming to Fannie Mae standards. Borrowers receive two loans, with BItcoin or USDC as collateral, but must lock up a significant portion of their assets.

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