Polygon, SOL, AVAX Team Up For Web3 Adoption
In order to increase trust in blockchain transactions, Mastercard has implemented an innovative web3 solution. Mastercard announced the Crypto credential partnership at the recently concluded Consensus23. Earlier this year, Mastercard collaborated with Polygon (MATIC) to launch the Web3 Incubator for Digital Creators, and most recently with Aptos Lab, dubbed the “Solana killer.” It is worth noting that the Aptos Lab Crypto wallet platform is the company in charge of the Aptos (APT) L1 blockchain.
According to a tweet on the Aptos Team’s official Twitter page. They announced a partnership with an international payment operator, joining the board of Crypto wallets to be a part of the Mastercard Crypto credential partnership.
The program testing stage begins: the structure of international money transfers will start in countries like the United States of America, The Caribbean, and Latin America. With the pilot phase, Mastercard Crypto credential program will be put to the test to see if it will work out. After the pilot phase, we anticipate seeing the program spread out to the rest of the world.
(With inputs from Shikha Singh)
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