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.

TransFi Completes $19.2 Million Funding Round to Accelerate Global Expansion of Stablecoin Cross-Border Payment Platform, with Focus on Southeast Asia, Middle East, and Latin America Markets. This round of financing is led by Turing Financial Group, supporting platform infrastructure and regulatory licensing. Stablecoin payments are gradually becoming a reality, with payment volume expected to exceed $350 billion in 2025, and related companies are accelerating their layout.

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.

The Solana ecosystem has recently released multiple updates, with a focus on expanding real-world financial assets, stablecoin settlement, and artificial intelligence applications. Tokenized stock markets are integrating with Solana DeFi, improving trading efficiency. International insurance companies are using stablecoins for cross-border transactions for the first time, demonstrating their advantages. Developers are exploring the combination of AI and blockchain to automate financial services. Solana has joined Mastercard's crypto partner program and released over 20 new projects, raising more than $80 million in funding, promoting the integration of blockchain and traditional finance.

Ripple Chief Executive Officer Brad Garlinghouse stated that the company will focus on developing enterprise blockchain applications, particularly the application of stablecoins in financial scenarios. Financial institutions' attention to digital assets continues to rise, and the efficiency improvements of blockchain technology in core business areas such as fund management have become a focus for management. Major institutions are actively deploying stablecoins to advance the development of enterprise-grade cryptocurrency payments.

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.

Sonic Labs launched its native USD stablecoin USSD on March 9, based on Frax infrastructure, supporting cross-chain minting. Its reserve assets are backed 1:1 by USD assets. Users can mint without fees through non-custodial smart contracts, with the proceeds used to support ecosystem incentives.

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.