Coinbase: First Bitcoin-Backed Mortgage Successfully Issued in the U.S.

Odaily reports that Coinbase announced on the X platform that the first mortgage in the United States backed by Bitcoin as the underlying asset and guaranteed by Fannie Mae has been successfully issued. The loan was originated and serviced by Better, with technology provided by Coinbase. Coinbase stated that this product will be rolled out nationwide this summer, offering innovative mortgage options for Bitcoin holders while promoting the application of crypto assets in traditional finance.