Y Combinator will let founders receive funds in stablecoins

7 hours ago

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Y Combinator allows its spring cohort of entrepreneurs to receive funding in stablecoins like USDC.
Startup founders can choose to receive stablecoins on various blockchains such as Ethereum and Solana.
Y Combinator may expand to other stablecoins depending on demand.
Stablecoins are seen as a key area for startup ideas by Y Combinator.
Traditional tech investors have not widely offered stablecoin funding options to founders.
Stablecoins have gained mainstream attention due to their use in faster and cheaper money transfers.
Big Tech companies like Stripe, Cloudflare, and Klarna have entered the stablecoin space.
Stablecoin adoption is growing despite the bearish sentiment in the broader crypto market.

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