What new payment option is Y Combinator offering startups?

Y Combinator is offering startups the option to receive their seed funding through stablecoins.

How much funding does Y Combinator typically invest?

YC's standard deal involves investing $500,000 into accepted startups.

Which blockchain networks will YC use for stablecoin transactions?

YC will support stablecoin transfers on Base, Solana, and Ethereum.

Home / Business and Economy / YC Embraces Stablecoins for Startup Investment

YC Embraces Stablecoins for Startup Investment

4 Feb

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Summary

YC startups can now receive seed checks via stablecoins.
The standard $500,000 investment deal is now blockchain-enabled.
This move aids founders, especially in emerging markets.

YC Embraces Stablecoins for Startup Investment

Y Combinator, a prominent startup accelerator, is set to implement a significant update to its investment process. Beginning with its upcoming spring batch, accepted startups will have the option to receive their seed funding via stablecoins. This move integrates blockchain technology into YC's standard $500,000 investment deal, which exchanges funds for a 7% equity stake.

The stablecoin option will be available across multiple blockchain networks, including Base, Solana, and Ethereum. According to YC partner Nemil Dala, this initiative is expected to enhance efficiency, particularly for founders operating in emerging markets. This strategic decision aligns with YC's broader efforts to support blockchain innovation, including a previous partnership aimed at encouraging the development of crypto-related companies.

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