Coinbase to launch token-backed mortgage down payments this summer
- Coinbase is finally teaching people how to lose their homes in style. Starting this summer, you can use Bitcoin and USDC as collateral for down payments via Better Home & Finance. Because nothing says "financial stability" like leveraging volatile digital assets to buy a house. Regulators are probably having a collective aneurysm, but sure, let’s mortgage your life savings on a token that might drop 20% before closing. It’s not a scam; it’s just aggressive innovation. If the market crashes, at least you’ll have a nice view of your foreclosure. Smart money moves? Or just smart ways to get rekt? You decide.