Uncollateralized DeFi mortgage taken out on Austin condo via Teller By Cointelegraph
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Uncollateralized DeFi mortgage taken out on Austin condo via TellerA new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores.
The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who bought a $680,000 condo with a $500,000 loan issued in (USDC) stablecoin over the Polygon (MATIC) network.
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Uncollateralized DeFi mortgage taken out on Austin condo via TellerA new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores.
The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who bought a $680,000 condo with a $500,000 loan issued in (USDC) stablecoin over the Polygon (MATIC) network.
Continue Reading on Coin Telegraph
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