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Marqeta partners with Coinbase, Binance.US seeks funding, Plasma collaborates with Stripe, and other Web3 news

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  • Marqeta has partnered with Coinbase to allow enterprise customers to issue stablecoin-backed payment cards, with Coinbase managing stablecoin custody and conversion, while Marqeta handles card issuance and processing. (📰The Paypers)
  • Binance.US is seeking up to $100 million in private funding to expand its US operations, targeting a valuation of around $1 billion, following a significant loss of market share after regulatory issues in 2023. (📰The Paypers)
  • Selini Capital has joined zerohash’s institutional liquidity network, providing liquidity through its central limit order book and Request for Quote system to enhance trading depth for zerohash’s partners. (📰The Paypers)
  • Plasma has become a design partner with Stripe to expand its stablecoin card infrastructure to support multiple fiat currencies and stablecoins, aiming to simplify cross-border spending for users. (📰The Paypers)
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