Y Combinator, Silicon Valley Startup Inchugrine Bag Airbnb, Coinbase and Stripe, collaborates with base and coinbase ventures to create the next wave of so-called “fintech 3.0” companies, according to a blog post on Tuesday.
The companies have opened applications for these “Fintech 3.0” companies and say it is looking for themes such as expanding stablecoins beyond the dollar to local currencies, tokening assets such as stocks and credit markets and building consumer -facing applications, including AI -driven financial agents.
This is part of these companies’ continued efforts to move the financial industry on-chain. A good example of this is Base, Ethereum Overlay Blockchain linked to Coinbase, which recently collaborated with Shopify to offer global USDC payments.
“Our mission at the base is to build a global economy that increases innovation, creativity and freedom. To do this, we need more founders to build on-chain companies so that anyone can participate in the global economy,” the blog post said.
The initiative comes when US legislators move to clarify the rules of crypto. Genius Act, a new US Law on StableCecoins, aims to bring federal clarity by instructing regulators to come up with specific rules for stableecoin issuers. US legislators continue to work with wider crypto -market structure legislation.
