Y Combinator will allow its Spring batch entrepreneurs to receive funding in the form of stablecoins.
PANews, February 3rd – According to Fortune magazine, the well-known Silicon Valley startup incubator Y Combinator has announced that it will allow founders of its Spring 2026 batch startups to choose to receive funding in the form of the stablecoin USDC, with the amount typically around $500,000. Nemil Dalal, Y Combinator's Visiting Partner for Crypto, stated that founders who choose stablecoins can receive tokens on multiple blockchains such as Ethereum and Solana, and in the future, this may be expanded to other stablecoins based on demand. He pointed out that stablecoins are one of the key areas where the institution hopes to see more entrepreneurial ideas, and therefore, they also wish to practice this direction themselves.
Dalal said that Y Combinator looks forward to more and more startups raising funds on-chain in the future. He believes that although the current crypto market sentiment is sluggish, enthusiasm for stablecoins continues to grow, which is unrelated to the price volatility of crypto assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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