TCS Blockchain integrates PayPal USD (PYUSD) to streamline trade finance services in the freight sector. Truck drivers can swap invoices for TCS tokens, which can be converted to PYUSD, facilitating quicker transactions.
This integration aims to cut traditional payment terms from 30-180 days to same-day financing. The company expects to save costs by 90% and reach processing volumes of over 1 billion USD by 2026.
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