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YC to make stablecoin investments in portfolio companies, Garry Tan states
Y Combinator (YC) will invest in any of its portfolio companies using stablecoins, according to Garry Tan.
Tan also suggested that the evolving financial infrastructure for innovation will not rely on traditional methods such as ACH or wire transfers.
Tan has previously compared an early Bitcoin investment to selling a used vehicle, highlighting the potential returns in a comment on the price increase of Bitcoin. He has also pointed to YC alumnus Pranav as being positioned for a significant technology-driven private equity initiative, according to an earlier statement. Tan continues to comment on how emerging technologies intersect with finance.
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