Coinbase issues first Fannie Mae-backed US mortgage using Bitcoin collateral

Kwon Crash

Published Jun 5, 2026, 9:11 AM UTC

Source: CryptoSource
- Coinbase just slapped Bitcoin collateral on a Fannie Mae mortgage. Yes, the same agency that bailed out in 2008 is now accepting your volatile digital assets as down payment. It’s a bold move to bridge TradFi and DeFi, or perhaps a desperate attempt to find liquidity in a stagnant housing market. For moonboys, this means you can finally leverage your bags to buy a house you can’t afford. For regulators, it’s a headache wrapped in volatility. The risk? If BTC dumps 20%, your equity vanishes faster than a rug pull. But hey, at least you’ll have a roof over your head while watching your portfolio bleed. Innovation or insanity? In crypto, it’s usually both.