According to ChainCatcher, Ethereum domain name service ENS announced that PayPal and Venmo have integrated ENS into their payment platforms. When sending cryptocurrency on PayPal or Venmo, just enter the ENS domain name and the platform will automatically resolve it to a wallet address. This feature will be available to US users first.

This move marks the further application of blockchain technology in mainstream payment platforms and simplifies the transfer process of cryptocurrency. Users do not need to remember complex wallet addresses, they can complete transactions using easy-to-remember ENS domain names. This not only improves the user experience, but also helps promote the popularity and application of cryptocurrency.