The Federal Housing Finance Agency has issued a directive allowing cryptocurrencies to be considered as part of a borrower’s asset portfolio during mortgage evaluations without converting them into dollars.
Bitcoin is expected to benefit the most from this policy update due to its established presence on US-regulated exchanges and liquidity profile.
The directive does not specify eligible tokens, and it remains unclear whether XRP will be included under this new policy, given its regulatory history with agencies like the SEC.
Other countries like Japan and Dubai have already been utilizing XRP in real estate transactions, potentially setting a precedent for its inclusion in mortgage applications.