Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’

Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method.

Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms like Uber could benefit from lower cross-border payment costs. He added that while people may have differing views on bitcoin (BTC), it has become a “proven commodity,” and stablecoins offer real utility for companies operating across multiple countries. Khosrowshahi’s remarks reflect growing interest in blockchain-based payment rails among multinational corporations looking to streamline operations and reduce financial friction. His comments come amid a broader push within the tech sector to evaluate the role of digital assets in everyday transactions, particularly those involving mobility and delivery services.