Crypto
PayPal USD partners with TCS Blockchain to target finance in North American logistics
TCS Blockchain has adopted PayPal USD (PYUSD) to improve the flow of funds in North America’s logistics industry, The Block reported on March 3. Under the partnership, carriers can secure financing on the same day after issuing invoices and expect cost savings of 90 percent versus existing billing methods. TCS said carriers can exchange invoice rights for its utility token and convert it into PYUSD on the INX-Republic exchange.
