Cas Abbé Shares Bill Pulte’s Push to Let Americans Use Crypto for Home Loans

On June 25, 2025, a powerful shift in financial history began to take shape. According to reports by several credible sources including Bloomberg and Zero Podcast, Bill Pulte, the newly appointed Director of the Federal Housing Finance Agency (FHFA), has taken a game-changing step. Pulte has instructed Fannie Mae and Freddie Mac, two of the most significant mortgage entities in the US, to prepare for the possibility of treating crypto collateral as a legitimate asset in mortgage evaluations.

This isn’t a simple policy tweak. This could mark the most significant real-world utility for digital assets to date. For years, the crypto ecosystem has promised disruption in traditional finance, but real-world applications have been sparse or speculative. If crypto can truly be used as collateral for home loans, we’re talking about an entirely new level of financial integration, one where digital value directly intersects with brick-and-mortar utility.

Why This Could Be the Biggest Leap in Crypto Utility Yet

The decision, if implemented, could change the way both the real estate and crypto industries operate. Until now, crypto holders have had limited real-world use for their holdings aside from speculative trading or crypto-backed loans via DeFi platforms. But this federal-level consideration signals something deeper, a recognition of crypto as stable, traceable, and usable in high-trust scenarios like home financing.

Mortgage institutions like Fannie Mae and Freddie Mac operate under strict financial guidelines. The mere possibility that they could one day accept crypto collateral means that they now recognize a level of maturity and permanence in digital assets. This is no longer fringe finance. It’s becoming federally embedded.

How This Policy Could Impact Holders and Homebuyers

If this directive turns into a real policy, crypto holders could capital unlock their wealth through unlocking without the need to sell their assets. For most investors unlocking liquidity means selling their crypto, at least sacrificing the long-term upside and more importantly actually triggering a taxable event. However, if these investors can, however, use their crypto as collateral on a mortgage, they will be able to maintain ownership and upside.

This creates a major incentive for people to hold digital assets longer, reducing volatility from panic selling. It also enhances trust in the asset class itself, as government-supported financial institutions start acknowledging their value.

Furthermore, this reform could greatly streamline mortgage approval processes for a younger generation that’s already fully ingrained in crypto. It may be more intuitive for buyers to use tokens such as BTC or ETH to secure a mortgage, rather than relying only on fiat-based credit histories.

What It Means for the Future of Finance and Housing

Beyond individual benefits, this signals a broader shift in how financial institutions view crypto. We’re heading toward an era where digital assets aren’t just speculative vehicles, but standard components of a modern portfolio.

If this model proves successful, other countries might follow the US example, eventually making crypto-backed mortgages a global financial standard. This could also inspire fintech and traditional finance companies to innovate new services, bridging the gap between Web3 wealth and real-world use cases.

Bill Pulte’s order might just be the first domino. It validates the crypto industry in ways no ETF or exchange license ever could. It embeds crypto into a core life milestone, homeownership, and that’s a huge psychological leap forward for adoption.