News Summary

• U.S.-listed cryptocurrency exchange Coinbase is working with Fannie Mae-approved mortgage firm Better Home & Finance Holding Co.
• Borrowers pledge bitcoin BTC$66,710.26 or the USDC stablecoin as collateral to fund their down payment.
• Some 41% of American families fail to buy a home because they don't have enough funds for the down payment, Better founder Vishal Garg said.
• If Better had previously been accepting crypto as downpayment collateral, "we would have funded maybe 40 billion more of consumer demand over the past few years," Garg added.