The Trump administration has launched a groundbreaking initiative allowing Bitcoin and USDC to be used as collateral for home mortgages. On March 26, 2026, Better Home & Finance and Coinbase introduced the first token-backed conforming mortgage, supported by Fannie Mae. This new financial product enables borrowers to leverage their cryptocurrency holdings without selling them, thus avoiding capital gains taxes. The mortgage structure combines a standard first-lien loan with a second-lien loan backed by pledged crypto assets. While all payments must still be made in US dollars, digital assets serve as reserves, demonstrating the borrower's financial capability. This initiative follows a directive from Federal Housing Finance Agency Director Bill Pulte, issued on June 25, 2025, to integrate digital assets into mortgage risk assessments, aligning with President Trump's vision of making the US a "crypto capital."