Mastercard Crypto Credential Launches with "First Peer-to-Peer Pilot Transactions"
Mastercard says wider availability will roll out to more than 7 million users across participating exchanges.
Mastercard has launched its Mastercard Crypto Credential, enabling its "first peer-to-peer (P2P) pilot transactions" using aliases instead of long and complex blockchain addresses. This new system aims to simplify cryptocurrency transactions for exchange users, offering a more user-friendly approach.
Mastercard Crypto Credential verifies interactions among consumers and businesses using blockchain networks, ensuring users meet a set verification standards, set by Mastercard, and confirming the recipient's wallet supports the transferred asset.
JUST IN: Mastercard Crypto Credential launches its "first peer-to-peer pilot transactions", partners with exchange Mercado #Bitcoin
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