NYSE:CRCLSoftware
USDC Mortgage Collateral Tests Circle Internet Group’s Role In Consumer Finance
Circle Internet Group’s USDC stablecoin is now accepted as collateral for U.S. home loans through a new Coinbase and Better Home & Finance offering.
The program supports Fannie Mae backed mortgages and additional loans for down payments, giving crypto holders a way to access home financing using digital assets.
Borrowers can avoid triggering capital gains taxes and do not face liquidation based on daily crypto price swings, with risk tied instead to mortgage delinquency.
Circle Internet...