Better opens crypto-backed mortgages—but buyers need 250% collateral

Better and Coinbase now offer Bitcoin-backed deposits for conventional home loans, but borrowers must pledge $250,000 in BTC to receive $100,000. This 250% collateral requirement highlights the high risk for crypto-backed mortgages. The partnership aims to let Bitcoin holders access liquidity without selling, but the steep collateral ratio may deter many potential borrowers.