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NFTs by mail? US Postal Service plans to support postage tokens

Published 04/13/2021, 04:00 PM
Updated 04/13/2021, 05:40 PM
NFTs by mail? US Postal Service plans to support postage tokens

The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage.

In an announcement on Tuesday, communications-as-a-service platform CaseMail said the USPS had certified its postage nonfungible tokens, or NFTs, for use in the United States. The tokens are digitally stamped on the USPS’ ePostage labels and the physical item being mailed, creating a verifiable chain of custody for digital and physical assets, as all data is recorded on the blockchain.

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