Recent research from the U.S. Treasury Department shows that in areas with frequent cryptocurrency activity, low-income families use the profits from selling crypto assets for larger down payments on mortgages, significantly increasing the number and balance of new mortgage and auto loans. According to the report, since 2020, the share of mortgage loans for low-income families in high crypto exposure areas has increased by over 250%, with the average mortgage balance rising from $172,000 to $443,000, a 150% increase. Although the report notes that these families' debt-to-income ratios have exceeded recommended levels, the current delinquency rates are low, and they have not shown obvious signs of financial distress. (Cointelegraph)