Transportation trade finance provider TCS Blockchain announces the introduction of PayPal USD (PYUSD) to support on-chain invoice settlement and same-day financing in the trucking industry. The financing process will first involve circulating TCS Tokens on the INX-Republic exchange, then exchanging them for PYUSD. Carriers can convert invoice rights into TCS Tokens and exchange them for PYUSD on INX-Republic to accelerate payments, while TCS will collect USD payments from shippers or brokers upon maturity. (The Block)

PYUSD-0.06%
INX1.64%
TOKEN-0.95%
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