Uber Prefers Stablecoins Over Bitcoin for Payments, CEO Says
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Uber CEO Dara Khosrowshahi drew a clear distinction between stablecoins and Bitcoin at the Bloomberg Tech Summit, calling dollar-pegged cryptocurrencies a “proven commodity” while expressing skepticism about Bitcoin’s payment utility.
“Stablecoins offer practical benefits beyond just store of value,” he noted, confirming Uber’s exploration of the technology.
The comments mark an evolution from Uber’s 2021 position when Khosrowshahi said the company might accept Bitcoin payments.
Now focused on stablecoins’ cost-saving potential for international transfers, the CEO emphasized this remains in study phase, with no plans for crypto treasury investments.
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