Y Combinator, a prominent startup accelerator in Silicon Valley, has completed a funding round entirely in USDC for prediction markets startup Totalis, marking its first all-stablecoin investment.
Totalis announced Monday on X that it has received $500,000 in funding from Y Combinator in USDC on Solana, with the assets held on Ramp, a financial operations platform. According to the post, Y Combinator completed the funding in three onchain transactions — a $1 test, followed by $124,999 and $375,000 transfers.
“This is a small but meaningful shift in how startups get funded,” said Totalis. The startup added that it plans to use Ramp to execute transactions in both stablecoins and fiat and pay for its credit card with its stablecoin account on the fintech platform.
This all-stablecoin funding reflects Y Combinator’s commitment to crypto-native operations. Garry Tan, president and CEO of Y Combinator, wrote Monday on X that the accelerator will invest in any YC-funded startup in stablecoins, confirming that the stablecoin payout option is not limited to crypto-related companies.
“The new financial rails of the revolution will not be over ACH (automated clearing house) or wire,” Tan said.
Nemil Dalal, a visiting partner focused on crypto at Y Combinator, previously told The Block in February that YC is open to funding startups in USDC across major blockchain networks, including Ethereum, Base, and Solana.
“Stablecoin transfers typically cost <1 cent and settle in <1 second, even across borders,” Dalal said at the time. “Traditional rails like international wires often cost tens of dollars once you factor in bank and intermediary fees, and can take days to settle.”
Y Combinator has backed nearly 100 crypto-related startups since its initial investment in Coinbase in 2012. Dalal noted that the accelerator is still seeking to fund more startups focused on stablecoins, tokenization, new credit markets, and onchain capital formation.
Meanwhile, Totalis is a startup focused on developing a prediction market platform to enable users to build more complex, multi-market trades across areas such as geopolitics, crypto, and sports.
© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
