Ethereum Name ServiceENSv2 will accept stablecoin payments, including USDC
ENS confirmed that ENSv2 will support payments with USD-denominated stablecoins, including USDC, giving users more ways to register a .eth name — answering a question posted on X (announcement).
- In a follow-up post, ENS said the new payment flow will let users pay from supported EVM networks, with cross-chain steps handled for them, while the
.ethname is still registered on Ethereum. - The posts are part of ENS's rollout of ENSv2, the upgraded Name System currently subject to an ENS DAO mainnet activation vote, which introduces a new registration and payment architecture.
Sources
- What if my funds are on another EVM chain? The new payment flow is designed to let you pay from supported EVM networks, with the cross-chain steps handled for you. Your .eth name will still be registered on Ethereum. Replying to their earlier post: Can I buy an ENS name with stablecoins? Yes. ENSv2 will support payments with USD-denominated stablecoins, including USDC, giving you more ways to register a name. https://t.co/Vk2PVGhXcVx.com ↗
- Can I buy an ENS name with stablecoins? Yes. ENSv2 will support payments with USD-denominated stablecoins, including USDC, giving you more ways to register a name. https://t.co/Vk2PVGhXcVx.com ↗
Ethereum Name Service
The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.
ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses.
ENS has similar goals to DNS, the Internet’s Domain Name Service, but has significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the owner of a domain having full control over subdomains.
Top-level domains, like ‘.eth’ and ‘.test’, are owned by smart contracts called registrars, which specify rules governing the allocation of their subdomains. Anyone may, by following the rules imposed by these registrar contracts, obtain ownership of a domain for their own use. ENS also supports importing in DNS names already owned by the user for use on ENS.
