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Casper Today
By the People, for the People
TCS Blockchain and PayPal Drive Financial Innovation in Trucking & Transportation Industry
Digital Asset Settlement of Freight Invoices Delivers Savings, Speed and Transparency
Mar. 3, 2026 at 2:34pm
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TCS Blockchain, a transportation trade finance provider, and PayPal USD are engaging to scale solutions for trucking and transportation companies (carriers). The collaboration will allow more carriers to settle freight invoices faster and cheaper, utilizing digital assets on blockchain rails.
Why it matters
For nearly half a century, carriers have been forced to sell freight invoices to factoring companies (financial intermediaries) to avoid 30-180 day pay terms – often surrendering 30% or more of their net revenues just to get paid. This collaboration aims to solve the cash-flow challenges in North American supply chains.
The details
Together, TCS Blockchain and PayPal USD are offering same-day funding, in non-exclusive agreements, with no reserve fees, up to 90% cheaper than traditional invoice factoring. TCS Blockchain settled the world's first freight invoice on-chain in 2022 and has now utilized nearly 30,000,000 TCS Tokens in B2B settlement.
- TCS Blockchain settled the world's first freight invoice on-chain in 2022.
- TCS is on pace for over one billion in annual freight invoice flows in 2026.
The players
TCS Blockchain
A transportation trade finance provider that settled the world's first freight invoice on-chain in 2022.
PayPal USD
A digital payment and digital asset solution that is collaborating with TCS Blockchain to offer faster and cheaper freight invoice settlement.
May Zabaneh
The Senior Vice President and General Manager of Crypto at PayPal.
Todd Ziegler
The CEO of TCS Blockchain.
Republic
A global financial firm operating a network of retail-focused investment platforms and an enterprise digital advisory arm, where TCS Tokens are traded.
What they’re saying
“If we were designing B2B payments from scratch, we wouldn't accept months‑long settlement and layers of fees. We'd expect speed, transparency, and 24/7 availability.”
— May Zabaneh, Senior Vice President and General Manager of Crypto at PayPal
“TCS is on pace for over one billion in annual freight invoice flows in 2026. Those flows will first move through TCS Token – on the INX-Republic exchange – and then through the PYUSD stablecoin.”
— Todd Ziegler, CEO of TCS Blockchain
The takeaway
This collaboration between TCS Blockchain and PayPal USD demonstrates how blockchain and digital assets can drive real economic activity and solve long-standing cash-flow challenges in the $3 trillion-dollar trucking and transportation industry, benefiting carriers, brokers, and ultimately, consumers.
