Augustus Raises $180 Million to Build Clearing Bank for Stablecoins
Augustus raised $180 million in a Series B led by Tiger Global at a $1 billion valuation, taking total funding to $210 million. The startup is building a federally chartered, AI-native clearing bank for stablecoins and programmable money, offering an API across Swift, ACH, SEPA and blockchain rails rather than issuing its own token.
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at Pymnts.com.
Want the full article?
Continue reading on Pymnts.com →