Uber Considers Stablecoins to Cut Global Payment Costs

Uber is exploring stablecoins as a way to reduce international payment expenses, according to CEO Dara Khosrowshahi.

Speaking at the Bloomberg Tech Summit, he said the company is in the early research phase but sees stablecoins as a practical use of crypto with real-world benefits.

Khosrowshahi highlighted stablecoins’ potential to streamline cross-border transactions, calling them “promising” for global businesses. These dollar-pegged digital assets are designed to maintain price stability and reduce transfer fees.

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