PANews
PANews|Feb 03, 2026 14:59
Y Combinator will allow its spring batch of entrepreneurs to receive funding in the form of stablecoins According to Fortune magazine, Y Combinator, a well-known startup incubator in Silicon Valley, announced that it will allow founders of its 2026 spring batch of startups to choose to receive financing in the form of stablecoin USDC, typically around $500000. Nemil Dalal, a visiting partner in the cryptocurrency field at Y Combinator, stated that founders who choose stablecoins can receive tokens on multiple blockchains such as Ethereum and Solana, and may expand to other stablecoins as needed in the future. He pointed out that stablecoins are one of the key areas where the institution hopes to see more entrepreneurial ideas, and therefore hopes to personally practice this direction. Dalal said that Y Combinator expects more and more startups to start raising funds on the chain in the future. He believes that despite the current sluggish sentiment in the cryptocurrency market, the market's enthusiasm for stablecoins continues to grow, which is unrelated to the volatility of cryptocurrency asset prices.
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