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stablecoins
New bank charters have been rare since the financial crisis. “It’s time to build new banks again,” says Augustus National Bank President Greg Quarles. [Photo and Illustration courtesy of Augustus; composite image DI Studio]
Inside Augustus: The Thiel-Backed ‘Bank Made of Code’ Nearing a National Charter From Dallas
by Quincy Preston | Jun 24, 2026
The prospect of building a bank for the AI era from scratch was enough to pull Greg Quarles from the top job at another bank. Now the veteran regulator and three-time bank CEO explains why he joined the upstart reinventing how money moves—and the 25-year-old founder he calls “the brightest guy I’ve ever met.”
by Lance Murray |
Sep 16, 2025
Founded this year, Stablecore said its platform enables community and regional banks and credit unions to offer stablecoins, tokenized deposits, and digital asset products. News of its funding round follows Congress' July passage of the GENIUS Act, which creates licensing and regulatory requirements for domestic payment stablecoin issuers and standards for participation in the U.S.
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by David Seeley |
Dec 2, 2021
The solution developed by Shinhan Bank and a global megabank outside of Korea enables cross-border funds to be sent and received in a locally denominated stablecoin with "remarkably low fees." The solution is built using the Hedera Token Service and Hedera Consensus Service.
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