Y Combinator, a Silicon Valley incubator, has added stablecoin finance as a category in its new request for startups (RFS) list. The RFS is a tradition that dates back to 2009, where YC offers up ideas they want to see made real. YC is looking to fund teams building B2B and consumer products on top of stablecoins, tools and platforms that enable stablecoin finance, and more stablecoin protocols themselves. Despite $136 billion worth of stablecoins being issued to date, only about seven million people have transacted with stablecoins, and there are only a handful of major stablecoin issuers.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Y Combinator Includes Stablecoin Finance in Request for Startups List
-
Wechat scan to share
Recommended for you
-
XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22
On November 22nd, XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8). -
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts
Binance will launch SLERFUSDT and SCRTUSDT perpetual contracts with a maximum leverage of 75x on November 21, 2024 at 11:30 (UTC). -
Lido is preparing a blockchain identity verification platform codenamed "Y" to compete with World Network
According to insiders, Cyber Fund, led by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, is preparing a blockchain identity verification platform codenamed "Y" to directly compete with Sam Altman's World Network. Unlike World Network, which uses iris scanning for identity verification, the Y project will use users' social media and blockchain activity data, combined with Ethereum Attestation Service, to verify their identity. The solution aims to address the risk of biometric data leakage and minimize the potential for fraud. -
The country's first digital RMB-based intellectual property securitization product was successfully issued
"Yongxing-Guofu-Ningbo Intellectual Property Asset Support Special Plan (Specialization and Innovation)" with Yongzheng Asset Management as the manager and Yongxing Securities as the sales organization held a listing ceremony on the Shanghai Stock Exchange. The first issue size was 138 million yuan, with a term of 1 year and a coupon rate of 2.2%. The product's priority bond rating was AAA, and it was the first knowledge-based securities product to be invested in digital RMB form nationwide, and also a breakthrough in the Ningbo knowledge-based securities project. -
APT breaks through $9.5
market showed that APT broke through $9.5 and is now reporting at $9.51, with a 24-hour drop of 4.04%. The market is volatile, so please be prepared for risk control. -
BTC falls below $72,000
the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control. -
BTC breaks through $67,300
market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management. -
BTC falls below $67,000
the market shows BTC has fallen below $67,000 and is now trading at $66,999.23, with a 24-hour decline of 0.6%. The market is volatile, so please be prepared for risk control. -
Hong Kong Legislative Council Member Tam Yue-heng: Accelerate the issuance and trading of stablecoins that match the characteristics of the linked exchange rate system
Tan Yueheng, a member of the National Committee of the Chinese People's Political Consultative Conference and the Legislative Council, published an article entitled "Consolidating the Status of Financial Center and Sharing the Dividend of Deepening Reform". In it, he pointed out that in the field of digital finance, the SAR government must continue to develop digital finance and qualified virtual products, explore new beneficial financial formats, and promote the new productive forces of the financial industry. Hong Kong must promote the participation of financial technology companies in the stable coin sandbox mechanism, accelerate the issuance and trading of stable coins with the characteristics of matching linked exchange rate system, expand the testing scope and landing scenarios of digital RMB as a cross-border payment tool, and focus on developing products that are linked to virtual assets and underlying real assets, transforming art, real estate, equity, and carbon emissions into digital tokens through blockchain technology. -
Stablecoin minting protocol M^0 completes $35 million Series A financing, led by Bain Capital
Stablecoin minting protocol M^0 completed a Series A financing round of $35 million, led by Bain Capital with participation from Galaxy Ventures, Wintermute Ventures, and GSR. Previously, M^0 raised $22.5 million in seed funding led by Pantera Capital in early 2023.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments