#master
🚀 Mastercard launches P2P crypto transactions in 14 countries 🌎🌍🌏
Mastercard just performed a cryptocurrency magic trick! 🎩✨ In a groundbreaking move, they launched peer-to-peer (P2P) crypto transactions in **14 countries**, bridging the gap between Latin American and European brokers. 🌐💱
Here's the scoop: Instead of cracking those cryptic blockchain addresses (you know, the ones that look like a cat walking on a keyboard), users can now send and receive cryptocurrency using their **Mastercard Crypto Credential aliases**. 🙌🔑 These aliases make transactions simpler, faster and more secure. 🚀
🌟 What's in the Crypto Cauldron?
▶️ Bit2Me, **Lirium** and **Mercado Bitcoin** exchanges are chosen, allowing for seamless blockchain transactions.
▶️ Users from **Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland and Uruguay** can now dance the cryptotango across borders. 💃🕺
▶️ Foxbit is also joining the party, expanding the reach to more cryptocurrency enthusiasts. 🦊🌙
▶️- **Lulubit** users get an exclusive backstage pass through their integration with **Lirium**. 🎟️🎤
🔍 How does cryptomagic work?
1. Mastercard verifies users against its Crypto Credential standards
(Think of it as your magic wand).
2. Users are given an alias that allows them to flit between supported exchanges like agile sprites.
3. When a transfer is made, Mastercard checks if the recipient's alias is legitimate and if their wallet supports the digital asset. If not, the transaction vanishes like a Hogwarts ghost. 👻
☄ Why is it important?
This milestone isn't just a shiny unicorn: it's the first real-world application of the Mastercard Crypto Credential vision, unveiled at Consensus in 2023. 🦄🌟
#mastercard