What are crypto-backed mortgages, and how do they work?
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets.
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Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.
Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type?
DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST.
Propy partners with Abra to provide crypto-backed real estate loans
Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright.
Tether fires back against report it is using reserves for investments and making crypto-backed loans
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux.