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.