3 Implications Of Crypto Backed Mortgages For Investors
Sound money is coming to the mortgage market
As the cryptoasset industry continues to accelerate and achieve wider mainstream adoption, one aspect of the financial conversation has remained excluded; the U.S. housing market. While bitcoin backed mortgages did make a splash in the past the number of U.S. mortgage applicants that have actually leveraged crypto remained a miniscule percentage of the total market. Mirroring the broadening acceptance of crypto across the U.S. banking system, the approval of crypto initiatives at the U.S. and federal level, and the deployment of crypto and blockchain services across the TradFi sector the recent movement out of the FHFA should not come as a surprise to the crypto landscape. Not a surprise…