Uber Might Integrate Crypto

Uber is exploring the use of stablecoins for cross-border payments, aiming to reduce transaction costs and improve payouts to gig workers in emerging markets with unstable currencies and limited banking access. CEO Dara Khosrowshahi expressed interest in the technology during the Bloomberg Tech conference, noting stablecoins' speed and efficiency. While Uber isn’t planning to hold Bitcoin, it remains open to accepting crypto in the future. This comes as the Senate debates the GENIUS Act, which could soon establish regulatory clarity for stablecoins. (This is critical for companies like Uber considering crypto integration.)

Source: Crypto News