Gate News reported that on March 19, ENS (Ethereum Name Service) announced on its official Twitter that PayPal Wallet now supports users to transfer PYUSD stablecoin using ENS domain names. Previously, users needed to use traditional wallet addresses for transfers.

Gate News, on March 17, PayPal announced that it will expand the wallet holding scope of its stablecoin PYUSD to 68 additional countries and regions, bringing the total number of eligible markets to 70, a significant expansion from the previous limitation to only the United States and United Kingdom. The newly added markets include Uganda, Colombia, Peru, and others, covering more regions across South America, Africa, and Asia.

Aon completes the first stablecoin insurance premium payment pilot, utilizing stablecoin technology to improve capital flow efficiency. The pilot collaborates with crypto exchanges and stablecoin issuers to demonstrate flexibility across multiple blockchains, aiming to evaluate the application of regulated stablecoins in insurance services.

PANews March 4 News, according to The Block, transportation trade finance provider TCS Blockchain announced the integration of PayPal USD (PYUSD) to offer same-day financing and on-chain settlement for freight invoices. Truck drivers can exchange invoices for TCS tokens, then convert them into PYUSD stablecoins, thereby avoiding the 30-180 day payment terms and over 30% revenue loss associated with traditional factoring companies. The company states that this solution can reduce costs by 90%, and it is expected that the annual transaction volume will exceed $1 billion by 2026.

PayPal and MoonPay jointly launch the PYUSDx platform, allowing developers to issue their own stablecoins based on PayPal USD, simplifying the issuance process and reducing costs. PYUSDx supports multi-chain compatibility and flexible economic models, prioritizing developer needs and promoting efficiency improvements in the Web3 payment ecosystem. USD.ai is the first project integrated, demonstrating PYUSD's potential in financial product innovation.

MoonPay Launches PYUSDx Framework, Allowing Developers to Issue Branded Stablecoins Backed by PayPal USD, Combining M0 Protocol with MoonPay's Issuance Capabilities to Accelerate Deployment. PYUSD is issued by Paxos Trust, with MoonPay serving as the stablecoin issuer. Recently, it obtained a New York State trust license, supporting the launch of customized stablecoins. At the same time, the product's compliance and scope of application have attracted significant market attention.