The startup accelerator said stablecoins and other digital-asset technology will spread across industries, and highlighted the bill’s split between securities and commodities, a CFTC registration path, and bankruptcy protections.
Y Combinator said all of its portfolio companies could eventually use crypto infrastructure, especially stablecoins, not just crypto or fintech startups, as it urged the U.S. Congress to pass the CLARITY Act. The startup accelerator said the bill would help define whether digital assets are treated as securities or commodities, establish a registration path with the CFTC, and protect customer assets in bankruptcy. It framed those measures as important for broader adoption of digital-asset technology across industries, though the legislation’s outlook remains uncertain.