Fintech 3.0: YC, Base & Coinbase Drive On-Chain Finance

Fintech 3.0: YC, Base & Coinbase Drive On-Chain Finance
The financial landscape is undergoing a monumental transformation, spearheaded by the convergence of established innovation powerhouses and pioneering blockchain platforms. Y Combinator, the renowned Silicon Valley startup incubator responsible for nurturing giants like Airbnb, Coinbase, and Stripe, has joined forces with Base and Coinbase Ventures. Their ambitious goal is to cultivate the next generation of financial technology, dubbed "Fintech 3.0," by actively moving the finance industry onto blockchain networks, a vision articulated in a recent blog post by Base. This collaborative initiative is a strategic call to action for entrepreneurs and innovators worldwide. Applications are now open for companies poised to define the "Fintech 3.0" era, with a clear focus on several transformative themes. These include the expansion of stablecoins beyond their current U.S. dollar pegs to encompass various local and international currencies, the revolutionary tokenization …