Mastercard Partners with Polygon to Introduce Verified Usernames for Self-Custody Wallets

Global payments giant Mastercard has selected Polygon (MATIC) to implement verified username functionality for self-custody cryptocurrency wallets. This strategic partnership aims to enhance security and user experience in the Web3 ecosystem by allowing wallet users to create human-readable verified identities instead of complex cryptographic addresses. The collaboration represents a significant step toward mainstream adoption of blockchain technology and demonstrates growing institutional interest in Polygon's scaling solutions for Ethereum. This development could potentially revolutionize how users interact with decentralized applications and conduct crypto transactions securely.