Trump’s Crypto Cabinet Tag Team Mortgage Payments with Fannie Mae

What: Former US President Donald Trump's administration has announced a partnership with Fannie Mae to explore the use of cryptocurrency for mortgage payments.
Why: The goal is to increase efficiency and reduce costs associated with traditional mortgage payment methods.
Signal: Fannie Mae has reported a **$1.2 billion** increase in mortgage volume since the partnership was announced.
Target: The partnership aims to process **$100 billion** in cryptocurrency mortgage payments within the next two years.
Risk: Regulatory bodies have expressed concerns over the potential risks of using cryptocurrency for mortgage payments, citing volatility and security issues.