TCS Blockchain, a trade finance provider, has announced the integration of PayPal USD (PYUSD) to facilitate on-chain invoice settlement and same-day financing for the trucking industry. The financing process involves the circulation of TCS Tokens through the INX-Republic exchange, which are then converted into PYUSD. Carriers can exchange their invoice rights for TCS Tokens and subsequently convert them to PYUSD on INX-Republic, expediting their cash flow. TCS will collect the dollar payments from shippers or brokers upon invoice maturity.
TCS Blockchain Integrates PayPal USD for Trucking Invoice Settlement
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