We believe that the time has come to build a high. These tools have been firm over the past decade, but with low -cost chains, globally adopted stabbicins, easy to use wallets, and growing users, the infrastructure is eventually ready. And we are already seeing many big trends that have a great opportunity for builders around the world.
It begins with the fact that we are at the beginning of a new era in financial technology: Fantic 3.0.
Fantake 1.0 was the initial digitalization of finance in the 90s, driven by companies like PayPal. The key unlock here was that consumers became comfortable in paying for things online.
Fantake 2.0, which happened during the last decade and was driven by companies like Strike, Played, Brake and Chem, which included construction of APIs at the top of the current financial system. The key unlock here was a service provider (BAAS) as a key unlock, which made it possible to construct the upper part of the heritage financial system for startups.
Now, we are entering the era of Fantic 3.0. It will be about creating a new financial system with the codes. A system where payment immediately, anywhere in the world, 24/7. A system where consumers store their assets in a digital wallet, which they have full control and custody rather than banks.
For years, the basic obstacle to the construction of Finctic 3.0 has been a regular uncertainty. With the approval of the talented act and possibly, with the approval of the clear Act, we now have a clear crypto regulatory framework in the United States, which will give the founders a chance to highlight breeding companies with confidence. This is the most important opportunity for crypto startups over the years, and in the YC and Coin Base, we want to help you fund and occupy it.
Below, we discuss a few areas we are particularly excited to fund, though it is not complete in any way.
Stable Queens
The first major story of the success of Fantic 3.0.
The Stable Queens is a high asset that is priced like another asset, such as a fetty currency or gold, designed to maintain a stable price. Establishment is ideal for payments, and offer more clear benefits than traditional financial transactions, especially when transferring money to borders. Anyone can send a stabot anywhere in 24/7, less than 1 % and in less than 1 second, without foreign exchange fees. This is not ideological. Still dollars worth of stubborn payments have already been fixed.
People are already building stable queen apps with millions of users. Former YC students are paying instant, low -cost payments and remittances for millions of users from Latin America and South Asia, such as Cantago, Doller app, and Ospura Latin America and South Asia. Queen Base Venture-backed company El Dorado, a market for sending and receiving stabilizes in Latin America, has taken $ 200 million for nearly 1 million consumers last year-the growing demand for the region’s crypto demands as a hedge against a reduction in currency.
And it’s not just startup: Coin Base has just launched its open source Commerce Payment Protocol With shopkeepers, which enables any traditional online trade and acceptance that flows with stubborn with high-ranking-which provides all the benefits of crypto payments (high-speed settlements, near zero transaction fees), which protects and safety and ordinary e-commerce properties (delays, delays, taxes and taxes.
The fact is that despite the regulatory head winds, Stabbacons have succeeded, talk about how strong the market demand is for them. Now, after the successful passage of the Genees Act, they have to begin their adoption in the United States, which creates a comprehensive federal regulatory system for Stabbuts, which mirrors the system for banks. Since the Genius Act has been implemented, the total market capitalization of the Stable Queens has increased by more than $ 30 billion, and large companies like Amazon and Walmart have expressed interest in launching their stabbicins.
There are a lot of fields to build in the place of Stabonon, but we are particularly interested in this:
- Stable Queens integrated everywhere: Platforms that take action on payments, loans and other financial services can achieve widespread performance from Stable Queens. Enabled business and consumers on a platform without interruption will unlock large -scale prices.
- Local Currency Stable Queens: Establishment is moving towards local currencies that allow people to gain crypto benefits without just trusting dollars in inflation economies. Governments and consumers can be careful with the dollar as the basis for local payments, savings and loans.
- Crypto-Local Trade Business: With the appearance of trade payment protocols and other tools, traders, lenders and consumers have an opportunity to enable Crypto to enable locally acceptance, credit and payments in Crypto. Based on the global nature of the platform, there is an opportunity to serve users in a new way.
Tokinization and trading
The same rails that work for stable queens can be used for any asset. This is the place where Fantic 3.0 becomes really interesting. With tonnaization, we can basically change what the asset is and who can own it.
Tobtenation means representing real -world assets, such as a government bond, a part of a startup, a piece of art, or a digital token on the blockchain. The value here is that the assets that are historically locked behind the layers of unmanaged and middlemen, nowhere, can be owned, traded and used by anyone.
In practice, it may mean:
- Instead of waiting for a month for a lucrative check, you can get your part of a building rent income on your wallet every second.
- Instead of using your startup stock options options, you may have a “direct cape table” where your equity is a programable program token you are really and can sell in the open market.
- Instead of the requirements of millions to invest in private credit, you can buy a token representing a part of a diverse loan portfolio.
It is already starting to happen. Large institutions like JP Morgan are coming themselves Deposit token Startups, such as high, and courtyard, are mocking physical gatherings. We, too, are watching new, highly ancestral assets such as creators and content coins. Beach And pump.Fone.
And all this is a lot of new trade: YC former students like business Axiom Are there some rapidly growing YC companies that we have ever seen?
The basic infrastructure is here. We are looking for founders to produce products that will bring every other asset class online.
We are particularly interested in this:
- New Credit Markets: Lending protocols that use high identity and reputation to offer indulteraized loans, which provides capital to people and businesses, which ignore the traditional system.
- Higher Capital Freated: Startup Tools Tools To Collect Direct Money From Your Customers and Manage Your Hat Table with Programable Token Instead of Spreadsheet and Lawyers.
- New Trade Interface: With the explosion of assets, there are new opportunities for consumers and businesses to trade and invest.
Apps and agents
The Height also opened a new frontier for apps and agents that were not possible on yesterday’s Internet. One way to think about chains is like a new type of operating system: a global, joint platform that is better for the construction of apps, which has no company, and on which anyone can build without asking for permission. And with software as money, agents are locally equipped to participate in this new economy.
We think this will lead to a new explosion. Social, finance, cooperation, sports – everything. We are already watching this happen on a base -like platform, where you can use LPPS apps for anything: until you earn a loan, play games and make money, help your favorite creators where you earn.
And we understand that many of these apps will also be seen in the chat as agents. The wallet AI agents are superpowers, and will help people visit and participate in the increasingly growing global economy. They will make user experiences easier and better, just as they are doing in other business sectors around the world.
We are excited to see what you make. If you are building for this new reality – or even more vision for unlocking this new era – we want to hear from you. Mighty, YC, base, and coin base ventures are excited to support developers.
Apply here for the next YC Beach.