Uber, the world's largest ride-hailing platform, is exploring the possibility of using stablecoins to reduce costs for international money transfers. The company's CEO, Dara Khosrowshahi, stated that the service is in the process of studying this idea and considers stablecoins to be a practical payment tool.
According to him, stablecoins have already proven their value for fast and cheap transactions. The tool can help global companies cut costs when moving funds around the world.