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XRP rival Stellar (XLM) is partnering with Mastercard’s crypto payment solution. Mastercard Crypto Credential aims to verify interactions between consumers and businesses using blockchain networks. The product enables payers to send crypto using a recipient’s email address, rather than a long blockchain address. Stellar and Mastercard are partnering to enable remittances and peer-to-peer transfers by embedding Crypto Credential in the blockchain’s ecosystem, per a new press release. Explains the Stellar Development Foundation, “As an extension of the partnership, Mastercard and Stellar will explore how Mastercard’s wide range of services can be leveraged on the Stellar network, opening doors for additional new and innovative applications of blockchain technology. The partnership will make Mastercard Crypto Credential available for the exchanges and digital asset wallet providers Coins.ph, Mercado Bitcoin and Wirex. Coins.ph CEO Wei Zhou...

Wirex first launched its crypto debit card in 2015 and currently claims over six million customers. Crypto payment service provider Wirex announced the launch of a zero-knowledge proofs -based non -custodial crypto debit card service called W-Pay. Wirex’s new decentralized solution utilizes Zero-Knowledge technology and is built on Polygon's Chain Development Kit (CDK), promising increased scalability and security. Polygon CDK has been built with ZK proofs in focus as it enables companies and users to build their own ZK-powered Layer 2 rail. ZK-proofs-based scalability solution has become quite popular in the crypto space as the zero-knowledge protocol allows one party to convince another party that something is true without disclosing anything other than the fact that the claim in question is true. Over time, Ethreum and the likes of Polygon have seen the most development related to ZK-proofs. W-Pay offers a range of ground-breaking features that enable non-custodial wallets ...