Mastercard has joined hands with blockchain platforms Solana and Polygon to develop a new set of standards for digital assets, called Crypto Credentials. The collaboration aims to offer secure and efficient ways for customers to store and use digital assets, enabling faster and more reliable transactions. The partnership aims to address the challenges of using digital assets such as fraud and cyber attacks, which will increase trust and security for users. By collaborating with blockchain developers, Mastercard is signaling its commitment to exploring the potential benefits of blockchain technology and promoting the wider adoption of cryptocurrencies as a mainstream payment method.

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