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Mastercard has announced the rollout of its crypto solutions in the United Arab Emirates (UAE) and Kazakhstan, marking a significant expansion of its services in the cryptocurrency space.
According to the company’s official statement, Mastercard has launched its Crypto Credential solution for users in these countries, enabling them to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses. This innovative approach aims to enhance transaction security, minimize errors, and ensure asset compatibility.
Built in partnership with prominent exchanges like ATAIX Eurasia, Intebix, and CoinMENA, this solution is poised to increase the adoption of cryptocurrency by making it more accessible, secure, and trustworthy.
In an exclusive statement, Mastercard’s Executive Vice President of Core Payments for EEMEA emphasized that this move aligns with their long-term vision to revolutionize how people interact with digital assets.
Source: coinpedia.org
