The Trump administration issued a directive on Wednesday ordering Fannie Mae and Freddie Mac to start considering cryptocurrency as collateral in single-family mortgage loan risk assessments. The move reflects cryptocurrency’s growing mainstream acceptance as collateral in the United States.

The order directs Fannie Mae and Freddie Mac to develop proposals that include digital assets — without requiring borrowers to convert them into U.S. dollars before loans close.

A key federal housing regulator instructed mortgage giants Fannie Mae and Freddie Mac to begin studying how to evaluate cryptocurrency as an asset in mortgage applications, a move that could help more crypto holders qualify for home loans.