On February 3rd, the well-known Silicon Valley startup accelerator Y Combinator (YC) will allow startups to raise funds in the form of stablecoins. This is the first time the organization is offering this option to founders. Any startup receiving YC investment can choose to be paid in stablecoins, as they believe stablecoin transfers are faster and cheaper than traditional fiat channels, especially for founders operating across borders.
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HaonanChen
· 10h ago
Wishing you great wealth in the Year of the Horse 🐴
On February 3rd, the well-known Silicon Valley startup accelerator Y Combinator (YC) will allow startups to raise funds in the form of stablecoins. This is the first time the organization is offering this option to founders. Any startup receiving YC investment can choose to be paid in stablecoins, as they believe stablecoin transfers are faster and cheaper than traditional fiat channels, especially for founders operating across borders.