Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network.
The credential, which helps verify interactions among consumers and businesses using blockchain networks, will be added to the Stellar ecosystem as the exclusive credentialing solution “to enable a range of secure, compliant use cases” for crypto wallet providers such as Coins.ph, Mercado Bitcoin, and Wirex, Stellar said in a news release Tuesday (Oct. 15).
“Today, the user experience of cryptocurrency transfers is still complex, which can create a barrier to adoption,” the release said.
“With Mastercard Crypto Credential, crypto remittances can be simply initiated using the recipient’s email address….
