Mastercard launches Crypto Credential, enabling simple, secure crypto transactions with aliases
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Mastercard has implemented the Crypto Credential functionality, which allows customers to transmit and receive bitcoins using uncomplicated aliases rather than intricate blockchain addresses. The peer-to-peer (P2P) functionality is now accessible on many cryptocurrency exchanges, such as Bit2Me and Lirium. Mastercard’s Crypto Credential simplifies blockchain transactions by authenticating user identities and assuring interoperability between digital assets and recipient wallets. Additionally, it facilitates the transfer of Travel Rule data to ensure transparency