TechFlow News: On April 14, according to The Block, renowned startup accelerator Y Combinator completed its first fully stablecoin investment—paying $500,000 in USDC to prediction market startup Totalis via three on-chain transactions on Solana. The assets are held in custody by Ramp, a financial operations platform. Y Combinator CEO Garry Tan stated that the accelerator will make stablecoin payments available to all YC-backed startups—not limited to crypto-related companies. Totalis plans to use Ramp to execute both stablecoin and fiat transactions simultaneously and pay credit card bills from its stablecoin account.
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