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PayPal and Venmo Introduce Crypto Sending via Simple ENS Names

🌲ENS Labs has integrated Ethereum Name Service (ENS) with PayPal and Venmo, enabling users to transfer crypto using ENS names instead of complex addresses.
🌲The integration is currently available to US users, with PayPal and Venmo able to identify wallet addresses linked to ENS names, making crypto transfers more user-friendly.
🌲Following the announcement, the ENS token price increased by 4.5%, reaching US$17.4, though it remains down 44% from its peak in July 2024 and over 80% from its all-time high in 2021.

PayPal and Venmo Introduce Crypto Sending via Simple ENS Names

🌲ENS Labs has integrated Ethereum Name Service (ENS) with PayPal and Venmo, enabling users to transfer crypto using ENS names instead of complex addresses.
🌲The integration is currently available to US users, with PayPal and Venmo able to identify wallet addresses linked to ENS names, making crypto transfers more user-friendly.
🌲Following the announcement, the ENS token price increased by 4.5%, reaching US$17.4, though it remains down 44% from its peak in July 2024 and over 80% from its all-time high in 2021.

https://cryptonews.com.au/news/paypal-and-venmo-introduce-crypto-sending-via-simple-ens-names-123286/

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