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Famed startup incubator Y Combinator will let founders receive funds in stablecoins | Fortune

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. Startup founders who choose stablecoins can choose to receive the tokens on various blockchains suc...

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