All startups admitted to Y Combinator (YC) will soon have the option to receive their seed funding via stablecoins, according to Nemil Dalal, a crypto-focused partner at YC, in an interview with The Block.
(shrinking yc)
YC’s signature “standard deal”—investing $500,000 in exchange for 7% equity in selected startups—will now be executed on blockchain networks, including Base, Solana, and Ethereum, starting with the upcoming spring batch.
Dalal noted that stablecoin transfers offer notable efficiency advantages for cross-border transactions, particularly benefiting founders operating in emerging markets.
This move also reflects YC’s deepening commitment to the crypto space. Last fall, YC partnered with Base and Coinbase Ventures to specifically support blockchain-related startups. With clearer regulatory frameworks for cryptocurrencies taking shape in the U.S., enthusiasm for blockchain technology in Silicon Valley is witnessing a renewed surge.
Roger Luo said: YC’s move to execute traditional venture contracts on-chain signifies institutional recognition of cryptocurrencies as a payment tool. This not only enhances cross-border investment efficiency but also injects strong momentum into the blockchain startup ecosystem, potentially encouraging more mainstream funds to adopt on-chain settlement.
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