Mastercard Partners With Polygon to Expand Crypto Credential to Self-Custody Wallets

first published 2025-11-18T08:57:32Z

Mastercard chose Polygon to run Mastercard Crypto Credential, a system that lets users send crypto to verified, human‑readable aliases instead of long addresses. Mercuryo will perform identity verification and issue those aliases which users can link to self‑custody wallets. Users can also request a Polygon token that signals a wallet supports verified transfers so apps can route credential‑based transactions. Mastercard said the approach reduces friction for new users, builds trust in digital token transfers, and leverages Polygon’s high‑throughput, low‑fee network for scalable payments.

AI Analysis

Mastercard selected Polygon to power Crypto Credential, enabling verified human‑readable aliases and a Polygon token to signal support; Mercuryo will verify identities and issue aliases; Mastercard stated the approach reduces friction, builds trust, and leverages Polygon’s high‑throughput, low‑fee network. These concrete product and partnership facts underpin a mildly positive sentiment with limited short‑term trading impact.

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