@garrett

Banking continues to innovate and update faster than ever. Excited to see Augustus get conditional approval for a national bank charter. "Since 2010, less than 10 full-service national charters have been granted in the US. The average bank in America is over 100 years old. Fintechs were constrained to innovate on the frontend, while the bare-metal core banking and money layer was left in the hands of decade-old incumbents. At the same time, the GENIUS Act now allows banks to interact with stablecoins, enabling the creation of a new category of full banks that are built from the ground up around programmable mone" https://www.morningstar.com/news/pr-newswire/20260511ny55795/augustus-receives-occ-conditional-approval-to-charter-the-first-clearing-bank-for-the-ai-era

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