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Watch Uber CEO Mulls Using Stablecoins to Reduce Currency Costs: Full Panel

  • At the technology conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi revealed that the company is actively examining the potential of stablecoins to lower expenses associated with international payments.
  • This exploration follows growing institutional and governmental interest in stablecoins amid ongoing US regulatory reviews and recent stablecoin legislation advances.
  • Other major companies like Meta and Stripe, along with 90% of surveyed institutions, are also examining stablecoins for cost-efficient global transactions.
  • Khosrowshahi highlighted the practical advantages of stablecoins and indicated that Uber plans to explore their potential to reduce financial costs.
  • Uber’s stablecoin study signals a broader financial shift, where digital assets could streamline cross-border payments and reduce operational expenses for global firms.
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According to a statement from his CEO during an interview, Uber could adopt stablecoins and this question is under consideration. What do we know? The article Soon stablecoins at Uber? His CEO finds them "very promising" appeared first on Cryptoast.

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DiarioBitcoin broke the news in on Thursday, June 5, 2025.
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