TechFlow reports that ENS Labs has announced PayPal and Venmo have integrated Ethereum Name Service (ENS) into their payment platforms. Now, when sending cryptocurrency, PayPal and Venmo users can directly enter the recipient's ENS name in the search bar, and the platform will automatically identify the wallet address associated with that ENS. This feature will first be rolled out to U.S. users.
ENS Labs stated that this new functionality will reduce the risk of errors in cryptocurrency transactions on PayPal and Venmo, and simplify the process of managing wallet addresses for users.




