Coinbase just made Bitcoin-backed loans better for U.S. customers @Coinbase has partnered with @betrmortgage to introduce the first mainstream Bitcoin-backed mortgage product in the United States. Borrowers can now pledge $BTC as collateral for a home down payment, allowing them to secure real estate financing without selling their digital holdings or triggering taxable events. This framework utilizes a specialized lending model designed to bypass traditional margin calls while keeping the borrower's underlying position intact.

OranjeBTC Brings Bitcoin-Backed Equity to Brazil @OranjeBTC will launch its DIGY11 on Brazil's B3 Stock Exchange, making it the first ETF in the Bitcoin ecosystem to list preferred shares on an international exchange. The ETF will offer direct investment in the "Digital Credit" securities of $STRC and $SATA, with monthly returns in Brazilian reais and currency hedging to reduce volatility in the BRL/USD pair. This ETF will track the MarketVector $BTC Treasury Preferred Equity Index, generating annual returns of CDI + 3% to 5%. Currency hedging and daily liquidity will also be provided when the fund goes live in early September.

I believe Bitcoin-backed credit will be what ultimately gets BTC to $1,000,000+ and scale adoption to billions of people As collateral, Bitcoin mogs every other asset: - Easy to verify legitimacy - 24/7 liquidity - Fungible at any scale - Portable - No centralized issuer - Accessible globally However, I don’t believe perpetual preferred equity is going to be the tool that accomplishes this (because it’s not actually credit)

The first wave of Bitcoin-backed fixed income has shown the demand is real. The global opportunity is many multiples larger. Japan is a particularly compelling case. Japanese households hold roughly $7 trillion in cash and deposits earning nothing. Decades of zero-yield conditioning, a generation of conservative savers, and a regulatory framework that increasingly accommodates digital assets. The fit is hard to ignore.

JUST IN: 🔵 Coinbase offers #Bitcoin-backed# USDC loans starting at 5.1%, powered by Morpho's onchain lending protocol. U.S. borrowers can access up to $5M USDC against their $BTC and other crypto, with no repayment schedule and no taxable event on the borrow. 🇺🇸

LATEST: ⚡ Jack Mallers’ Strike launched Bitcoin-backed loans with no price-based liquidations, meaning a falling BTC price won’t trigger a collateral sale as long as borrowers stay current.