PayPal and Venmo Users Can Now Use ENS Names for Crypto
Source: ENS Labs PayPal and Venmo have announced a significant enhancement to their platforms with the integration of Ethereum Name Service (ENS) names for cryptocurrency transfers. This development, disclosed by ENS Labs on September 10, is expected to simplify the process of sending digital assets and is aimed at over 270 million users in the United States. We’re thrilled to announce that @ensdomains is now supported on @PayPal & @Venmo! This new feature brings the power of ENS to millions, making crypto transfers easier and more secure than ever—starting in the USA. pic.twitter.com/9hsrhRqEAp — ens.eth (@ensdomains) September 10, 2024 Simplifying Crypto Transactions The new feature allows users to replace cumbersome wallet addresses with human-readable ENS names. Instead of dealing with long strings of alphanumeric characters, users can now use simpler names like “yourname.eth” for transactions. Khori Whittaker , Executive Director of ENS Labs ...