Deep Tide TechFlow News, March 29 — Economist Peter Schiff posted on X platform stating that mortgage structures backed by crypto assets could significantly increase homebuying costs. Borrowers would not only pay traditional mortgage interest but also bear the interest on a "second loan" collateralized by crypto assets. This model essentially amounts to 100% financing for the property, amplifying leverage and potentially increasing overall default risk.



Earlier reports indicate that Coinbase has launched its first compliant crypto-backed mortgage product, allowing users to use Bitcoin or USDC in their Coinbase accounts as collateral for down payments on home purchases.
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