Augustus, led by a 25-year-old Thiel Fellow, raised $180M at a $1bn valuation to give fintechs and banks direct, chartered access to the US dollar.

Augustus, a clearing-bank startup, hit a $1B valuation after a $180M Series B led by Tiger Global. The firm bridges stablecoins and traditional

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