[Coinbase to Launch Token-Collateralized Home Down Payment Loan Service This Summer] According to Cointelegraph, Coinbase is partnering with Better Home & Finance to launch a token-collateralized home down payment loan service this summer. The service will allow eligible borrowers to use Bitcoin or USDC as collateral to pay for down payments on Fannie Mae-backed home loans. Better's founder and CEO, Vishal Garg, stated that this initiative aims to address the issue faced by homebuyers who have the ability to repay but whose wealth lies outside the traditional financial system, making it difficult to meet down payment requirements. By June 2025, the U.S. Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to incorporate crypto assets into mortgage risk assessments without requiring conversion to fiat currency. Since then, lenders like Newrez have also adopted similar measures.