Y Combinator will allow entrepreneurs in its spring batch to receive funding in the form of stablecoins

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 of startups to choose to receive funding in the form of the stablecoin USDC, typically amounting to around $500,000.

Y Combinator's crypto access partner Nemil Dalal stated that founders who choose stablecoins can receive tokens on multiple blockchains such as Ethereum and Solana, and may expand to other stablecoins in the future based on demand. He pointed out that stablecoins are one of the key areas where the organization hopes to see more entrepreneurial ideas, and thus also wants to practice this direction firsthand. Dalal expressed that Y Combinator looks forward to more and more startups beginning to raise funds on-chain in the future. He believes that despite the current bearish sentiment in the crypto market, enthusiasm for stablecoins continues to grow, which is unrelated to the price volatility of crypto assets.