U.S. startup accelerator Y Combinator (YC) has publicly urged the Senate to pass the CLARITY bill, a digital asset market structure proposal. Y Combinator said all startups would eventually use cryptocurrency technology, including stablecoins, and stressed the need for a regulatory framework.

On June 12, CoinPost reported that Y Combinator said on social media platform X, formerly Twitter, on June 11 that “all YC companies will eventually use cryptocurrency technology, including stablecoins.”

Y Combinator said this was not something limited to crypto firms or fintech companies. It forecast that blockchain technology could become a general-purpose infrastructure like the internet and be used naturally across various industries.

The company described blockchain as an “Internet of Assets.” It said it can process asset transfers in real time, cut costs and enable 24-hour trading, while allowing anyone to build services using open APIs.

It also presented specific use cases. A service that pays wages to overseas contract workers can process cross-border remittances instantly, and an online marketplace can reduce the time to settle payments to sellers from days to seconds. It also argued that global companies can run payment and billing services in more than 150 countries without complex bank integrations. Y Combinator forecast that these changes would not be limited to a specific industry and would affect the broader startup ecosystem.

The comments come as the CLARITY bill is being discussed in the U.S. Congress. The bill contains provisions to clarify the supervisory framework by classifying digital assets into securities, commodities, stablecoins and other categories. For digital assets classified as commodities, it provides an oversight pathway under the U.S. Commodity Futures Trading Commission (CFTC) and includes measures to protect customer assets in the event an exchange goes bankrupt.

The CLARITY bill passed the Senate Banking Committee on May 14 with bipartisan support, 15 to 9. It follows the push for the GENIUS bill, which contains steps to overhaul the system for stablecoins, and passage of the CLARITY bill is viewed as completing much of the institutional framework for the U.S. digital asset market.

Y Combinator said, “If the GENIUS bill clarified the legal status of stablecoins, the CLARITY bill plays the role of defining market structure,” and urged swift passage in the full Senate.

Political variables remain until final enactment. Passage in the full Senate requires support from at least 60 votes, and debate continues over conflict-of-interest provisions raised by some lawmakers.

The timing of the bill’s handling is also seen as a key variable. The industry is voicing the view that if a full Senate vote does not take place before the 2026 midterm elections, particularly before August when a congressional recess is scheduled, momentum for the bill could weaken.

Support within the Senate continues. Senator Cynthia Lummis, a leading pro-crypto lawmaker, recently said, “It passed committee. Next is the floor. I won’t give up now,” reaffirming her determination to pass the bill.

The industry assesses Y Combinator’s public backing as a meaningful signal. It says this shows that an institution representing the U.S. startup ecosystem sees blockchain and stablecoins as next-generation digital infrastructure, rather than a demand coming only from within the crypto industry.

Attention is now focused on whether the CLARITY bill can pass the full Senate and lock in the regulatory framework for the U.S. digital asset market.