# StablecoinInfrastructure

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#CryptoBankAugustusRaises180M
Augustus just raised a lot of money $180 million to be exact. Is now worth $1 billion. Augustus is a company that helps with money and banking in the crypto world. They got this money from a funding round led by Tiger Global. Some other important people, like Sean Neville from Circle and Balaji Srinivasan who used to work at Coinbase also gave them money. This shows that people are getting more confident in the systems that support the growing stablecoin economy.
So what does Augustus do?
Augustus does not make stablecoins. Instead Augustus builds the systems tha
CRCL-3.24%
COIN-2.99%
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