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Augustus Bank

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Ferdinand Dabitz

Augustus (formerly Ivy) is the world's first clearing bank built for the AI era, operating on a stablecoin- and AI-native core that enables real-time, 24/7 programmable settlement of major Western currencies for global financial institutions. The company received conditional OCC approval in May 2026 to establish Augustus Bank, N.A. as a full-service US national bank, targeting the broken correspondent banking system with code, AI agents, and stablecoins instead of legacy paper infrastructure.

Company Founded in 2022

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Articles about Augustus Bank

Augustus Wins OCC Nod to Launch AI-Powered Stablecoin Bank

Augustus Wins OCC Nod to Launch AI-Powered Stablecoin Bank

Fintech iconFintechMay 13, 2026

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