PayPal and Venmo Integrate ENS for Crypto Payments, Including .eth Addresses

Sep 10, 2024, 04:10 PM

PayPal and Venmo have integrated Ethereum Name Service (ENS) into their platforms, allowing users to send cryptocurrency payments using ENS names. This new feature simplifies crypto transactions by replacing long wallet addresses with easy-to-use ENS names, including .eth addresses. The integration is seen as a significant step in PayPal and Venmo's ongoing push into the web3 space, making crypto transfers easier and more secure for millions of users in the USA. Ethereum's adoption continues to grow with this development.