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

CoinDesk
Krisztian Sandor @ CoinDesk · today 10:27 EDT

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.

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