Uber's CEO, Dara Khosrowshahi, is thinking about adding stablecoins as a payment option. The company is still in a study phase and this could be a big deal for simplifying global payments and cutting down on fees. Here's the breakdown :
1. Uber's not planning to invest in cryptocurrencies like Bitcoin; they just want to make payments easier.
2. They're figuring out the technical and regulatory stuff before making any moves.
3. There's a chance they might accept other cryptocurrencies like Bitcoin in the future, but nothing's confirmed yet
These all depends on the regulatory clarity and technical integration.
This could be a cool step for Uber, and it's definitely something to watch out for. What do you think about this idea?
https://themarketperiodical.com/2025/06/07/uber-eyes-stablecoins-to-simplify-global-payment-systems/That's a very good news but I wonder how they plan to implement stablecoin payments. People rarely use stablecoins solely. Also, for example, USDT has lots of network, so which one are they going to use? Exchanges usually have high transaction fees for USDT withdrawal and the process of adding address and then withdrawing is a bit clumsy.
I think that the best thing will be if they integrate Web3. When you have USDT on your Web3 wallet and your wallet is connected to Uber, then the stablecoin transfer can be very handy. Another good option will be if they let us to pay via Binance pay and also integrate their service on other popular exchanges like Coinbase and Kraken. To my mind, this is a very challenging to start accepting stablecoins for payments for Uber.