Y Combinator Includes Stablecoin Finance in Request for Startups List
Y Combinator, a Silicon Valley incubator, has added stablecoin finance as a category in its new request for startups (RFS) list. The RFS is a tradition that dates back to 2009, where YC offers up ideas they want to see made real. YC is looking to fund teams building B2B and consumer products on top of stablecoins, tools and platforms that enable stablecoin finance, and more stablecoin protocols themselves. Despite $136 billion worth of stablecoins being issued to date, only about seven million people have transacted with stablecoins, and there are only a handful of major stablecoin issuers.
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