Mastercard Chooses Polygon to Bring Verified Usernames to Self-Custody Wallets

• Mastercard selected Polygon to power verified aliases for self-custody crypto wallets.
• The system replaces complex wallet addresses with usernames, handled by Mercuryo.
• Polygon was chosen for its settlement speed and high stablecoin transaction volume.

Mastercard has chosen the Polygon blockchain to power a new identity standard for self-custody wallets. The initiative replaces complex wallet addresses with verified usernames. This move aims to simplify digital asset transfers for mainstream users while maintaining self-custody. 

Mastercard is expanding its “Crypto Credential” framework to include these non-custodial wallets. This shift signals growing institutional confidence in user-controlled infrastructure.

Related: First Mastercard Credit Card Settlement Pilot Using Ripple’s RLUSD Launches on XRP Ledger

How Verified Usernames Replace Complex Addresses

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