zlacker

>>shscs9+(OP)
Sounds like a camouflaged IQ test for the founders...

Or perhaps Y Combinator is great at funding startups, but incredibly bad with financial decision making.

In which case it is an IQ test for Y Combinator, which they have failed.

>>KnuthI+w11
This isn't meant to be cynical. But, two of YC's success stories, Stripe and Coinbase, has a stable coin product.

>>transi+Tp1
YC companies are constantly spending the money they get from YC right? Why get money, then put it in some stablecoin, only to then immediately cash out on salaries or whatever?

How does that make any sense to the company? Who's out here wanting their salary in stablecoin? And who among those want that and can't receive dollars and then turn them into stablecoin?

There's a sliver of talent that won't have access to the US banking system, but I can't imagine that making it worth putting up with risk + txn costs of stablecoins for the whole company.