Key facts: Coinbase Granted Trust Charter; Perps & Mortgage Crypto Use

Coinbase has been granted a national trust bank charter by the OCC, enabling it to offer trust and custody services, impacting the future of crypto lending and trading.

In a groundbreaking move for the cryptocurrency industry, Coinbase Global (COIN) has been granted a national trust bank charter. This approval, issued by the OCC, allows Coinbase to offer trust and custody services under national trust bank authority, diverging from the traditional full commercial banking regulations. But what does this mean for the future of crypto lending and trading? What Are the Implications of Coinbase’s Trust Charter? With its new trust charter, Coinbase can now operate with greater flexibility and offer innovative financial services to its users. This is a significant shift, as it positions Coinbase not only as a trading platform but also as a custodian for crypto assets. The trust and custody services will enable the company to secure customer assets more effectively, appealing to institutional investors seeking safe and compliant ways to participate in the crypto market. How Will Perpetual Futures Impact U.S. Investors? Coinbase has also made headlines by partnering with Kalshi to introduce U.S.-regulated perpetual crypto futures. Following CFTC approval, these futures contracts will be available for trading on domestic regulated venues, paving the way for U.S. investors to engage in perpetual trading with more security and oversight. How Can Cryptocurrencies Be Used for Mortgages? In another progressive move, Coinbase has collaborated with Better Home & Finance to allow qualified borrowers to use cryptocurrencies like Bitcoin and USDC as collateral for down payments on Fannie Mae-backed mortgages. Set to roll out in mid-2026, this initiative reflects growing acceptance of crypto in traditional finance and opens up new avenues for home financing. According to Coinbase, there is already a product waitlist with a projected loan volume of approximately $250 million . Interestingly, over 50% of the individuals expressing interest are existing Coinbase users, showcasing the company's strong ecosystem loyalty. The states with the highest demand f