PANews reported on March 4th that, according to The Block, transportation trade finance provider TCS Blockchain announced the integration of PayPal USD (PYUSD) to provide same-day financing and on-chain settlement for freight invoices. Truck drivers can exchange invoices for TCS tokens, which can then be converted into the PYUSD stablecoin, thus avoiding the 30-180 day payment terms and over 30% revenue loss associated with traditional factoring companies. The company claims this solution can reduce costs by 90% and projects annual processing volume exceeding $1 billion by 2026.