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Y Combinator will let founders receive funds in stablecoins
In the latest sign of digital currencies going mainstream, Silicon Valley’s most prominent startup incubator will allow its spring cohort of entrepreneurs to receive their funding in stablecoins. Y Combinator, whose alumni include the founders of Airbnb and DoorDash, announced on Tuesday that founders can opt to receive their customary allotment—typically around $500,000—in the Circle-issued USDC.
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