Will Bitcoin enter the U.S. mortgage system?

On June 25, local time, the director of the Federal Housing Finance Agency (FHFA), Pulte, stated on X platform that he has requested Fannie Mae and Freddie Mac (the two major housing mortgage giants in the U.S., accounting for over half of the market) to study the inclusion of Bitcoin and other cryptocurrencies in mortgages.

Public documents show that Fannie Mae and Freddie Mac do not directly provide mortgages to homebuyers but act as government-supported special financial institutions, dominating the U.S. housing credit market by purchasing bank mortgages and securitizing them. According to data from the National Association of Realtors, as of 2025, their holdings and securitized mortgages account for more than half of the total in the U.S.

It is reported that currently about 20% of Americans (65 million) hold cryptocurrencies, and 74% of cryptocurrency portfolios are valued at less than $50,000, indicating that it has become a mainstream asset. If this policy is ultimately adopted, it means that cryptocurrencies will further transform into practical financial tools, attracting the attention of the traditional financial sector and old money. $BTC