Mastercard selects Polygon to enable verified usernames for crypto transfers

Published at 2025-11-18 09:15:55

Mastercard announced it has tapped Polygon to power a platform that allows users to send cryptocurrency to verified usernames rather than long hexadecimal wallet addresses. The feature is designed for self-custody wallets and aims to reduce transaction mistakes, speed peer-to-peer transfers, and make crypto payments more approachable for everyday users.

The partnership is notable because it pairs a major payments network with a layer-2 blockchain solution, potentially boosting Polygon’s ecosystem and on‑chain identity tooling while signaling broader institutional support for usability improvements. Traders and ecosystem watchers may view the move as a positive for MATIC-linked services, though privacy and identity-verification tradeoffs will be important as username-based routing expands.

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