Coinbase successfully issued its first Bitcoin mortgage in the United States

Coinbase posted on the X platform that the first mortgage in the U.S. backed by Fannie Mae and using Bitcoin as the underlying asset has been successfully issued.

The loan was initiated and serviced by Better, with technology supported by Coinbase. Coinbase stated that the product will be promoted nationwide this summer, providing innovative mortgage options for Bitcoin holders while advancing the application of crypto assets in traditional finance.