Crypto News

Mastercard and Borderless Test Stablecoin Cross-Border Transfer Identity Verification Framework

According to Cointelegraph, Mastercard and stablecoin orchestration network Borderless have launched a pilot project to test the application of the Crypto Credential (cryptographic credential) framework in cross-border stablecoin payments. The pilot aims to enhance certainty for all transacting parties in approval, compliance, and risk management processes through unified standards and verification signals, and reduce cross-border payment friction.

Source: TechFlow Crypto News

Original source: Cointelegraph