Coinbase has partnered with Nasdaq-listed mortgage and home equity finance platform Better (BETR) to introduce what it describes as “the first crypto-backed, conforming mortgages” in the United States. The initiative allows homebuyers to use Bitcoin or USDC holdings for down payments without liquidating their assets, according to a Thursday press release.

The initiative integrates Coinbase’s custody and collateral infrastructure into Better’s Fannie Mae-approved lending platform, enabling borrowers to retain exposure to their crypto investments while accessing traditional home financing.

“Better was founded to make homeownership more accessible for all Americans, and this partnership with Coinbase introduces a new pathway to realizing the…