Deep Tide TechFlow News, May 11 — According to Fortune, stablecoin bank Augustus received a federal banking license from the U.S. Office of the Comptroller of the Currency (OCC), becoming the eighth institution to obtain this license since 2010, and simultaneously completed a $40 million funding round, with investors including Valar Ventures (Peter Thiel's firm), Creandum and Ramp, Deel, and Circle founders.

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