zlacker

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

>>transi+(OP)
Stablecoins have their uses. I'm not saying never touch crypto. But the question is what is the point of stablecoins in VC funding specifically? People don't seem to have good answers.

>>transi+(OP)
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.

>>transi+(OP)
Two of the fastest growing YC companies are crypto companies built on solana, Kalshi and Axiom. I'm pretty sure Axiom was the fastest to $100m in revenue, ever.

>>chaseb+hd
Making money doesn't make your thing not a scam.

>>rtpg+E2
This only makes sense to YC, to try and prop up interest in digital assets they heavily inveterate in.

The majority of humans are losing interest in digital ephemera South Park-WoW guys are desperate sell them on, otherwise South Park-WoW guy might have to work to live not just shill hallucinations like a priest.