Mastercard Partners with Polygon for New Crypto Transfer System

According to BlockBeats, Mastercard has selected Polygon to develop a new cryptocurrency transfer system that replaces complex wallet addresses with readable usernames. In a press release, Mastercard introduced its 'Crypto Credential' technology, which standardizes blockchain address verification by creating human-readable aliases for verified users. The crypto payment API company Mercuryo will handle identity verification and alias issuance, allowing users to link these aliases to self-custody wallets. This system mimics the operational logic of applications that use usernames instead of bank account information for transfers source: https://www.binance.com/en/square/post/32546422974065?utm_source=BinanceNewsRSS