Overview
- The expansion introduces verified, human‑readable aliases that users link to self‑custody wallets after completing KYC with Mercuryo.
- Users can optionally mint a non‑transferable credential on Polygon that attests to a verified wallet and enables apps to route credential‑based transfers.
- The initial release is receive‑only via aliases, with outbound sending planned next, and availability will roll out gradually to select users.
- Polygon was chosen for performance and reliability, including low fees, high throughput, and recent Rio and Heimdall v2 upgrades that improve finality and remove reorg risk.
- Market commentary reports no immediate boost to Polygon’s POL token following the announcement.