Augustus raises $180 million Series B at $1 billion valuation to build the ‘Global Dollar Bank’
Covered by 3 sources · 3 articles
3 outlets - including Decrypt, Blockchainreporter and Theblock - are covering this story. The Tiger Global-led round values the startup at $1 billion as it wires stablecoin rails directly into a federally chartered bank, aiming to modernize the correspondent-banking plumbing behind cross-border payments.
All coverage
Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'
The Tiger Global-led round values the startup at $1 billion as it wires stablecoin rails directly into a federally chartered bank, aiming to modernize the correspondent-banking plumbing behind cross-border payments.
Augustus Raises $180M at $1B Valuation to Build a Global Dollar Bank as Stablecoin Issuers Watch Closely
Augustus's $180M Series B at a $1B valuation signals a new front in the competition between fintech dollar-access platforms and crypto-native stablecoin.
Augustus raises $180 million Series B at $1 billion valuation to build the ‘Global Dollar Bank’
Augustus supports stablecoins alongside traditional payment rails including Swift, ACH, and SEPA, according to a press release.