The Opening Shot Y Combinator and Coinbase have opened a joint crypto batch. Their pitch to builders: the plumbing is finally done—cheap L2s, 1-second stable-coin settlements, self-custody wallets with Face-ID—and the policy fog is lifting. We are leaving the “API-on-banks” era (Fintech 2.0) and entering Fintech 3.0: a rewrite of the financial stack in open-source code, running 24/7 on global public ledgers.Fintech in Three Frames1995-2010 Fintech 1.0 – digitising payments (PayPal, online ban...

The Opening Shot Y Combinator and Coinbase have opened a joint crypto batch. Their pitch to builders: the plumbing is finally done—cheap L2s, 1-second stable-coin settlements, self-custody wallets with Face-ID—and the policy fog is lifting. We are leaving the “API-on-banks” era (Fintech 2.0) and entering Fintech 3.0: a rewrite of the financial stack in open-source code, running 24/7 on global public ledgers.Fintech in Three Frames1995-2010 Fintech 1.0 – digitising payments (PayPal, online ban...