PayPal and Venmo Embrace ENS for Smoother Crypto Transactions

• ENS partners with PayPal and Venmo to enable simpler crypto transfers.
• Simplified crypto payments aim to reduce errors by replacing long wallet addresses with human-readable ENS domains.
• ENS expands its reach with this partnership.

Online payment giants PayPal and Venmo have partnered with the Ethereum Name Service (ENS), making it simpler for users to send and receive cryptocurrency. This integration allows users to conduct crypto transactions using user-friendly ENS usernames, such as “username.eth,” instead of complex alphanumeric wallet addresses.

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

Enhanced User Experience and Reduced Errors

This new feature benefits over 270 million U.S. users, streamlining cryptocurrency transfers and minimizing the risk of errors, particularly when dealing with large amounts. Previously, users had to rely on wallet addresses or QR codes, which were prone to input mistakes. Now, en…

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