Catenaa, Friday, June 06, 2025-Uber is actively studying the use of stablecoins for payments, signaling fresh interest in crypto-enabled transactions, CEO Dara Khosrowshahi said Thursday at the Bloomberg Tech Summit.
Calling stablecoins “super interesting,” Khosrowshahi said the company is still in the “study phase,” assessing whether digital assets pegged to fiat currencies could streamline cross-border transactions and reduce costs.
He emphasized that Uber is not exploring bitcoin adoption, citing volatility and unclear utility.
“Stablecoins have a practical benefit,” Khosrowshahi said, describing them as a proven technology that offers global companies a potential edge in financial efficiency.
This marks the strongest public signal yet that the ride-hailing and delivery giant may incorporate crypto into its payments infrastructure.
The remarks come amid increased regulatory momentum in the US, with President Donald Trump backing stablecoin legislation under the Genius Act. Major banks – including Bank of America, Wells Fargo and Citigroup – are reportedly exploring a unified stablecoin effort via subsidiaries.
Khosrowshahi has previously expressed openness to crypto. In 2021 and 2022, he noted Uber would “absolutely” accept digital assets if costs and environmental concerns were addressed. However, the company has remained cautious, prioritizing stable technologies with lower volatility.
Uber’s potential move adds to the growing institutional interest in stablecoins, with regulatory clarity and enterprise use cases gaining traction in 2025.
