Coinbase and Better Mortgage Announce General Availability of Bitcoin-Backed Mortgages

Coinbase and Better Mortgage announced general availability of Bitcoin-backed mortgages in the U.S., enabling borrowers to pledge Coinbase-custodied BTC as collateral to secure fiat mortgage loans without selling their holdings. The program lets homeowners access liquidity while maintaining crypto exposure by keeping custody with Coinbase as Better Mortgage issues the loan. The consensus implication is that this product could reduce immediate BTC selling pressure and further integrate Bitcoin into traditional finance by expanding its use as collateral. Key risks include counterparty, custody and liquidation risk and potential regulatory scrutiny, which could influence uptake and market effects.