Mastercard expands Crypto Credential program to support self-custody wallets, enabling users to use verified aliases for crypto transfers. Polygon will be the first blockchain to implement this, with Mercuryo handling identity verification. The move aims to simplify self-custody and increase trust in digital token transfers, reducing errors from copying long wallet addresses.

Mastercard accelerates crypto strategy by partnering with Polygon, aiming to make self-custody crypto transfers safer and more user-friendly. This partnership reflects the increasing demand for secure crypto experiences without sacrificing wallet sovereignty. Mercuryo is the first issuer for the program, emphasizing the simplicity of self-custody in this collaboration.

Mastercard collaborates with Chainlink to allow its three billion cardholders to purchase crypto directly onchain. This partnership marks a significant step into Web3 for the credit card giant, utilizing Web3 partners like Shift4 Payments, Swapper Finance, XSwap, and ZeroHash for onchain liquidity. This move aims to make buying crypto more accessible and familiar for everyday users.

Read more at Cointelegraph: Mastercard Brings Verified Crypto Aliases t=To Self-Custody via Polygon