27-6-2025 – Changpeng Zhao, the visionary behind Binance, has declared that possessing just 0.1 Bitcoin could soon eclipse the value of owning a home in the United States. His audacious statement comes on the heels of a groundbreaking announcement from U.S. housing authorities, hinting at a seismic shift in how wealth is perceived in the pursuit of homeownership.
FHFA embraces crypto for home loan eligibility
On June 26, William J. Pulte, a director at the U.S. Federal Housing Finance Agency (FHFA), revealed that mortgage giants Fannie Mae and Freddie Mac have been tasked with drafting proposals to incorporate cryptocurrency into mortgage eligibility criteria. This bold initiative would allow prospective homeowners to leverage their Bitcoin holdings as evidence of financial reserves, a privilege previously reserved for traditional assets such as savings accounts, investments, or pension funds. The move signals a modernisation of borrower evaluation, potentially opening doors for crypto investors to secure home loans.
CZ sparks debate: “0.1 BTC Is the new American dream
The crypto community erupted in response, with Zhao hailing the development as a monumental stride toward mainstream acceptance of digital currencies. “The new American Dream,” he asserted, “will soon centre on owning 0.1 BTC, not just a house.” His comment, shared widely across X, ignited fervent debate. Enthusiasts celebrated the growing legitimacy of Bitcoin within institutional finance, while detractors cautioned against the risks posed by the cryptocurrency’s notorious volatility.
If implemented, the FHFA’s proposal would impose strict conditions: Bitcoin reserves must be held on U.S.-regulated exchanges, verified for authenticity, and subject to risk-based discounts to account for price fluctuations. This cautious approach reflects an effort to balance innovation with financial stability, ensuring that crypto’s integration into the mortgage system is both secure and equitable.
The proposal’s significance extends beyond homeownership. It underscores a burgeoning trust in digital assets, potentially paving the way for broader adoption across other government-regulated financial sectors. For the crypto industry, this could mark a defining moment, cementing Bitcoin’s role as a legitimate tool in major financial transactions.
