Ethereum Name Service (ENS) has announced its integration with PayPal and Venmo, marking a significant development in the cryptocurrency space. This integration allows users to transfer cryptocurrency using ENS names, thereby simplifying the transaction process for over 270 million U.S. users.

By leveraging ENS names, users can now send and receive digital assets without the need for complex wallet addresses, enhancing user experience and reducing the potential for errors. This move is expected to drive broader adoption of cryptocurrency transactions among mainstream users, further bridging the gap between traditional finance and the digital economy.