Skip to content
CoinMagnetic
RegulationBearish

Augustus raises $180 million to build a clearing bank for the AI and stablecoin era

Source: CoinDesk
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era

The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with always-on infrastructure that connects traditional payment systems and stablecoins.

Read original on CoinDesk
CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

From our insights:

How to get up to on BingX in April 2026: campaign breakdownP2P в 2026: схема "чёрный треугольник" и как не попасть на блок карты

Get news first?

Follow our Telegram channel – we post the top news and analysis.

Follow the channel

Related news

XRP Breaks Out on Clarity Act Hopes. The Charts Are Still Cautious
Regulation

XRP Breaks Out on Clarity Act Hopes. The Charts Are Still Cautious

Decrypt
BIS warns stablecoins could weaken capital controls in emerging markets
Regulation

BIS warns stablecoins could weaken capital controls in emerging markets

Cointelegraph
Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions
Regulation

Most world cup traders won less than $5 on Polymarket while FIVE wallets walked away with millions

CryptoSlate
More MiCA-licensed crypto firms could exit EU market: Gate Europe CEO
Regulation

More MiCA-licensed crypto firms could exit EU market: Gate Europe CEO

Cointelegraph
Morning Minute: The Clarity Act Has New Life
Regulation

Morning Minute: The Clarity Act Has New Life

Decrypt
Russian parliament passes law regulating crypto market
Regulation

Russian parliament passes law regulating crypto market

Cointelegraph