Y Combinator, Base, Coinbase Ventures Launch Fintech 3.0 Initiative

  • Y Combinator, in collaboration with Base and Coinbase Ventures, is fostering the development of "Fintech 3.0" companies.
  • The focus areas include:
    • Expanding stablecoins beyond USD to local currencies
    • Tokenizing assets like stocks and credit markets
    • Creating consumer applications, including AI-driven financial agents
  • This initiative aims to advance the financial industry on-chain, exemplified by Base's partnership with Shopify for global USDC payments.
  • The effort aligns with U.S. legislative movements, such as the GENIUS Act, aimed at providing regulatory clarity for stablecoin issuers and broader crypto market regulations.