#StartInvestingInCrypto Adoption
Mastercard has announced the launch of its new program, “Mastercard Crypto Credential”, which aims to facilitate and secure cryptocurrency transfers using blockchain technology.
The new program allows users on several platforms such as: “Bit2Me”, “Lirium” and “Mercado Bitcoin” to send and receive cryptocurrencies using easy-to-remember pseudonyms, instead of relying on long and complex blockchain addresses.
This innovation aims to simplify operations and increase security, which contributes to promoting the adoption of cryptocurrencies on a wider scale.
According to the official press release, the “Mastercard Crypto Credential” program currently connects several corridors in Latin America and Europe, in line with the company’s efforts to expand its presence in the digital assets ecosystem.
Users in Peru, Chile, Portugal, Argentina, Guatemala, Panama, Mexico, Brazil, Paraguay, Spain, France, Switzerland, and Uruguay will be able to make local and cross-border transfers across various cryptocurrencies and blockchain networks.
Foxbit is the latest crypto wallet provider to join the pilot, helping to bring the program to a wider audience.
In addition, Lulubit users will be able to take advantage of this program through its integration with Lirium.
