Share this article
PayPal, Venmo to Accept ENS's Human-Readable Blockchain Names
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
Updated Sep 10, 2024, 4:00 p.m. Published Sep 10, 2024, 4:00 p.m.
ENS Labs, the main developer firm behind the domain name protocol , has integrated its solution into the giant payment platforms PayPal and Venmo, the company shared on Tuesday.
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
STORY CONTINUES BELOW
According to a press release shared with CoinDesk, users can now use their ENS names when transferring crypto on those platforms, allowing them to reduce the risk of transferring their assets to the wrong crypto addresses. The integration will first be available to users in the U.S.
ENS provides Ethereum users a name, like “xyz.eth,” instead of the long alphanumeric blockchain address associated with their crypto wallets, aiming to make the user experience of sending cryptocurrencies more seamless.
With the integration, PayPal and Venmo users will be able to enter a user’s ENS address when transferring crypto, and both payment platforms will be able to identify the wallet address associated with the ENS name.
“We are excited to bring ENS’ naming capabilities directly into the hands of millions of users, through Venmo, PayPal Mobile, and PayPal Web,” said Khori Whittaker, executive director of ENS Labs, in the press release. “As the world of digital assets becomes more mainstream, our goal is to ensure managing those assets is as intuitive and user-friendly as possible.”
Read more: Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Ethereum’s ‘Glamsterdam’ upgrade aims to fix MEV fairness
The full scope of Glamsterdam has not yet been finalized, but developers are targeting it to go live in 2026.
What to know:
- Ethereum developers, fresh off last month’s successful Fusaka upgrade, which cut down costs for nodes, are already moving full-steam ahead on planning the blockchain’s next major change.
- Glamsterdam is a two simultaneous upgrades taking place on Ethereum’s two core layers.
- At the heart of the upgrade is ePBS and Block-level Access Lists.
- Developers haven't decided on the full scope of the upgrade but are targeting it for 2026.
Top Stories
