TL;DR
Uber is exploring stablecoins as a way to reduce international transfer costs.
CEO Dara Khosrowshahi emphasized their practical use beyond speculation.
The move reflects growing institutional interest in stablecoins as a secure, cost-effective, and efficient financial infrastructure for global operations.
During a recent appearance at the Bloomberg Tech Summit in San Francisco, Uber CEO Dara Khosrowshahi confirmed that the company is currently in the analysis phase regarding the potential use of stablecoins to enhance its global payment systems. According to Khosrowshahi, these digital assets offer tangible, practical benefits, especially when compared to traditional banking methods that often involve high costs and delays.
Unlike more volatile cryptocurrencies like Bitcoin, stablecoins are pegged to fiat currencies such as the U.S. dollar. This pegging allows for price stability while retaining the efficiency of blockchain technology. Khosrowshahi pointed out that this unique balance makes stablecoins an attractive option for a company like Uber, which processes thousands of transactions across borders every day in various currencies.
Real Advantages Of Stablecoins For Global Corporations
Using stablecoins could allow Uber to pay drivers and suppliers in multiple countries nearly instantly and at a fraction of current transaction fees. While a standard international bank transfer might take days and cost up to $30 in fees, stablecoin-based payments can be completed in seconds for just a few cents.
This strategy not only reduces operational expenses but also provides a viable payment alternative in regions where banking infrastructure is limited or where foreign exchange restrictions exist. For a company with a global presence, this added flexibility could significantly improve efficiency and regional adaptability.
Growing Institutional Adoption Of Stablecoins
Uber’s interest is part of a wider trend. According to Fireblocks’ 2025 “State of Stablecoins” survey, 90% of financial institutions surveyed plan to integrate stablecoins into their systems. Other tech and financial players, including Stripe and major U.S. banks like Citigroup and Wells Fargo, have also begun exploring or testing stablecoin-based financial solutions.
On the regulatory front, the U.S. is moving toward a clearer framework with legislation like the GENIUS Act, which seeks to establish comprehensive guidelines for stablecoin issuers. Such initiatives could encourage further adoption of stablecoins by traditional companies.
If Uber moves forward with stablecoin integration, it would reflect a broader evolution in how large corporations view digital assets—not merely as speculative investments, but as practical tools to operate more efficiently in an increasingly digital and decentralized world.
