While updating the original (default) domain is not possible, you can add additional internal domains. Once you complete the process of adding the internal domain, it will become the active domain and the site URL within Wordpress will be automatically updated.
Step 1: Navigate to the domains section of the site in question
Step 2: Click the Add Domain button
Step 3: Input the complete domain you need the site to be accessible from
Step 4: Click Check Domain Status button
Step 5: Observe New Domain is now marked Active and Primary
The website will now be accessible on the newly at the newly added domain name. The site url values on the WordPress site itself have been updated automatically.