Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

By Cointelegraph - 1 month ago - Reading Time: 1 minutes

Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report.

Original source: Cointelegraph