The Economic Times

Crypto-backed mortgage explained: How are Bitcoin (BTC USD) and USDC stablecoins changing home financing with a new mortgage structure?

Crypto-backed mortgage explained: Home financing is evolving as a new mortgage model allows buyers to use Bitcoin or USDC as collateral for down payments, partnering with Coinbase. While avoiding immediate crypto sales and potential tax deferrals, this approach leads to significantly higher monthly payments compared to traditional mortgages, impacting affordability for many.