The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it would explore other digital assets such as Ethereum shortly after.
Additionally, the South African property investment firm – Quorum Holdings – and the Canadian jewelry exchange – SafeGold – also vowed to enable clients to use the primary cryptocurrency as a means of payment.
The Michigan-based wholesale lender – United Wholesale Mortgage – revealed its plans to accept digital assets for payments in the upcoming months. If it indeed does so, UWM will become the first major US mortgage lender to adopt virtual currencies as a payment method. Mat Ishbia – the CEO of the firm – commented:
“We’re excited that hopefully (this year) we can actually execute on that before anyone in the country.”
