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, avoiding the 30-180 day payment terms and over 30% income loss typical with traditional factoring companies. The company states that this solution can reduce costs by 90%, with an expected annual processing volume exceeding $1 billion by 2026.
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