Coinbase and Better.com Unveil Crypto-Backed Mortgages
Leading US exchange Coinbase has partnered with Better Home & Finance (Better. com) mortgage lender, to launch cryptocurrency-backed mortgages. Henceforth, home buyers can pledge their Bitcoin (at 250% collateral) or USDC (at 125%) as collateral for home loans without selling them (the tokens). This eliminates capital gains tax since there are no realized gains. Additionally, these …
BTC
USDC
US
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.