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


$ 94,219.4
€ 82,973.2
¥ 38,800.0
£ 70,777.9
BTC
-0.09 %
$ 1,811.89
€ 1,596.09
¥ 746.19
£ 1,361.26
ETH
0.44 %
$ 228.60
€ 201.36
¥ 94.39
£ 171.75
XMR
-0.26 %
$ 86.49
€ 76.17
¥ 35.60
£ 64.97
LTC
-0.29 %

"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.