To deploy its infrastructure, Mastercard has partnered with players in the cryptocurrency ecosystem, such as Lirium, Mercado Bitcoin, Polygon Labs, Ava Labs, Aptos Labs and the Solana Foundation. One of the solutions replaces public addresses, which are a long series of numbers and letters, with an alias in the format "alias.mastercard". Mastercard introduced Mastercard Crypto Credential, a suite of solutions focused on identification and transparency in blockchain technology. Mastercard rolls out new Web3 solutions.In the wake of FTX's fall in November 2022, Binance is recording 32 percent volume growth between the last quarter of 2022 and the first of 2023. Other exchanges, such as Coinbase, Huobi and KuCoin, are showing declining volumes and market share. Against Binance's dominance, other platforms are struggling to gain traction, with Upbit in second place, having recorded $64.3 billion in volume in March. The platform recorded $559.8 billion in volume during that period.
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