Y Combinator Says Clarity Act Could Enable All Portfolio Companies to Use Crypto

According to Y Combinator, the accelerator that backed early-stage Airbnb and DoorDash, all of its portfolio companies will eventually use crypto technology, including stablecoins. The firm said in a recent post that this adoption will extend beyond crypto and fintech startups to "every company."

Y Combinator backed the Clarity Act, a crypto market structure bill that aims to provide regulatory clarity for digital assets. The legislation defines which digital assets are securities versus commodities, creates a registration path with the CFTC, and ensures customer assets become customer property in bankruptcy, according to the accelerator.