Y Combinator to offer startup funding in USDC

Silicon Valley startup accelerator Y Combinator (YC) will begin offering investment funds to startups in the stablecoin USDC, The Block reported. This marks the first time YC has provided a stablecoin payment option to its founders. The choice will be available to all startups backed by YC, not just crypto-focused firms, starting this spring. Payments will be made in USDC on the Ethereum, Base, and Solana networks.