Uber Reconsiders Crypto Payments, Focuses on Stablecoins for Global Operations 🌍💸
“Stablecoins offer real utility—not just volatility.” – Dara Khosrowshahi, Uber CEO
🔍 What’s New?
Uber’s CEO Dara Khosrowshahi has reignited the crypto discussion—again. At the Bloomberg Tech Conference in San Francisco, he confirmed the company is re-evaluating stablecoins as part of its global payments strategy.#MarketPullback
But here’s the catch: This marks the third time since 2021 Uber has made similar statements…with no crypto integration yet.
🪙 Why Stablecoins?
Khosrowshahi highlighted that stablecoins present tangible advantages over traditional assets, especially for multinational corporations:
Efficient cross-border transactions
Reduced currency volatility
Faster settlement times
He called them “one of the more practical applications of crypto”—a contrast to the speculative narrative often tied to coins like BTC.
🔁 Past Promises, Present Signals
📆 September 2021: Uber said it would "look into" accepting $BTC BTC.
📆 February 2022: Uber said crypto payments would arrive “at some point.”
📆 June 2025: Uber is now “actively studying stablecoin integration.”
Despite these remarks, no crypto payment option has been launched.
Still, Uber’s early involvement with Meta’s Diem project (formerly Libra) suggests it’s no stranger to digital asset ambitions.
📉 Historical Impact?
Interestingly, Uber’s previous crypto announcements coincided with flat or bearish trends in the broader market:
In late 2021, BTC stayed flat for three months after Uber's statement.
In early 2022, Uber’s crypto optimism preceded a major market downturn.
So what now? Is this another signal or just a headline?#TrumpVsMusk
🤔 Final Take
Uber is watching the stablecoin space closely, but until there’s action, this remains a "maybe someday" move. Still, their consistent interest could indicate that corporate crypto adoption is slowly creeping forward—especially where stablecoins are involved.
📍Will 2025 finally be the year Uber lets us ride with USDC or USDT? Time—and blockchain—will tell.