Coinbase to allow BTC, USDC as collateral for home loans

Coinbase has partnered with mortgage lender Better Home & Finance to introduce a loan product that allows homebuyers to use BTC and USDC as collateral, Reuters reported. The offering, which operates separately from traditional Fannie Mae-backed mortgages, enables users to secure a down payment without selling their cryptocurrency. This structure allows borrowers to maintain their assets' upside potential while deferring tax liabilities. The loan is also reportedly designed to prevent margin calls if the value of the collateralized assets declines, provided that regular payments are maintained.