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U.S. Housing System Validates Bitcoin, Ethereum, Cardano, and XRP as Reserve Asset in Historic First

  • The Federal Housing Finance Agency (FHFA) has directed mortgage giants Fannie Mae and Freddie Mac to accept cryptocurrencies like Bitcoin, Ethereum, Cardano, and Ripple in mortgage applications.
  • Previously, digital assets had to be converted to USD for risk assessments, but now they can be used directly as proof of financial stability alongside traditional assets.
  • This move is seen as a step toward mainstream adoption of cryptocurrencies within the U.S. housing sector, with implications for expanding the use of crypto in the future.
  • FHFA Director William Pulte linked this decision to President Trump's pro-crypto stance, aiming to position the U.S. as a crypto-friendly hub.

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