At the Bloomberg Tech Summit, held in the shiny land of San Francisco, Uber’s big boss, Dara Khosrowshahi, made a confession. No, not that he’s secretly a fan of karaoke, but something far more exciting: Uber’s eyeing stablecoins for future payments. Yes, you read that right. Cryptocurrencies. The digital stuff that’s either the future or just a really expensive magic bean. But, I digress.
“Stablecoin is probably one of the more fascinating crypto creatures out there,” said Khosrowshahi, likely with a glint in his eye as he explained that it’s more than just a store of value. Who knew stablecoins had practical uses? They’re like the sensible cousin at a family reunion who actually brings something useful to the table.
For Uber, those stablecoins could mean lower international money transfer fees and quicker payments. Because, really, who has time for slow, expensive money transfers when you’re trying to get your next fare to a meeting while dodging traffic? Certainly not Khosrowshahi, who’s clearly thinking ahead. Meanwhile, Bitcoin, still the celebrity of the crypto world, has been sidelined. It’s like the rock star who’s too busy being volatile to be practical for something as mundane as paying for a ride. And Khosrowshahi’s totally cool with that.
“So, yeah, we’re very interested,” he added. And when the CEO of a billion-dollar company says he’s interested, it’s basically like a thumbs-up emoji in real life. But don’t go expecting stablecoins on your next Uber trip just yet—Khosrowshahi made it clear that Uber’s still in the “study phase.” That’s corporate speak for, “We’re not doing it yet, but it’s on our radar.”
If Uber does decide to embrace stablecoins, it would be a pretty big deal. Like, “holy crypto, Batman!” big. Think of it: Uber, the company that’s literally everywhere, could become the first real-world giant to integrate crypto into daily life. Buckle up, because the ride’s just getting started.
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2025-06-06 11:46