Homeowners may soon have a new way to tap into their equity without incurring debt, thanks to an innovative offering from Beeline Holdings Inc. (BLNE:NASDAQ). The company, which operates a digital mortgage platform, is set to introduce a home equity solution that allows property owners to convert a portion of their equity into liquid funds, eliminating the need for additional debt or recurring payments.

Beeline is partnering with RealCo, an entity co-owned by Beeline’s primary stakeholder and Chief Executive Officer, Nick Liuzza, to bring this product to market.

RealCo plans to create stablecoins-cryptocurrencies designed to maintain a stable value-to purchase equity from homeowners seeking liquidity.Beeline will be responsible for identifying customers and providing related services,while Beeline Title will handle title and escrow services.

“Provided there’s equity in the home, realco will mint coins at closing, which may then be converted into U.S. dollars,” said Liuzza. “This model enables us to provide homeowners with liquidity quickly, with an unprecedented model. the stablecoin mechanism becomes the catalyst for funding, and the stablecoin is secured by property recorded in 1:1 in the blockchain and in the public record.”

According to Beeline, this transaction is structured to avoid being classified as a conventional loan, which the company believes will allow it to “generate consistent revenue in any rate environment.”