Back to all news
Defi

Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'

Decrypt·July 21, 2026·1 min read
Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'

Augustus raised $180 million in a Tiger Global-led round that values the startup at $1 billion. The company is building a 'Global Dollar Bank' that wires stablecoin rails directly into a federally chartered bank, aiming to modernize the correspondent-banking infrastructure behind cross-border payments.

Read at Decrypt
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store