Mastercard Crypto Credential Launches with "First Peer-to-Peer Pilot Transactions"

Bitcoin News Feed writes:
Mastercard Crypto Credential Launches with “First Peer-to-Peer Pilot Transactions”

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.