๐จ๐ฏ๐ฒ๐ฟ ๐๐๐ฒ๐ ๐ฆ๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ๐ฎ๐ฝ๐ฒ๐ฟ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐๐ ๐๐ธ
Uber CEO Dara Khosrowshahi says the company is actively studying the use of stablecoins to help reduce international money transfer costs.
โค Why It Matters:
โ Stablecoins (like USDC or USDT) are digital dollars backed by real-world assets.
โ Uber is a global company dealing with multiple currencies and high transfer fees.
โ Using stablecoins could cut costs and speed up global payments to drivers, vendors, and partners.
โค Uber CEOโs View:
โItโs quite promisingโฆ especially for global companies,โ said Khosrowshahi at the Bloomberg Tech Conference.
He noted stablecoins offer โpractical benefitsโ beyond crypto speculation.
โค Whatโs Next?
๐ Uber is in the โstudy phaseโ โ no official rollout yet.
๐ Meanwhile, US lawmakers are working on regulations for stablecoins, which could clear the path for adoption by big firms like Uber.
๐ฌ Will more tech giants follow Uberโs lead into stablecoin payments?