Uber Explores Stablecoins for Global Payments — But Isn't Buying Crypto

Fri Jun 06 2025
Uber is testing stablecoins to reduce FX costs and improve global payments. No crypto on the balance sheet — just efficiency. Slug: uber-stablecoin-strategy-2025

🚖 Uber Wants Stablecoins, Not Speculation

Uber isn’t buying Bitcoin — but it’s definitely studying stablecoins. The reason? Cheaper, faster global payments, not crypto hype.

Here’s how the ride-hailing giant could quietly bring stablecoins to 171 million users — without ever touching a Ledger.


💵 Why Uber Is Eyeing Dollar-Pegged Tokens

Uber runs in 70+ countries. Every ride, every delivery = cross-border money flows. That means:

  • 💸 FX fees
  • 🕒 Slow settlements
  • 🏦 Clunky local banking systems

Stablecoins fix that — especially those on fast chains like Solana or Ethereum L2s.

“They have a practical benefit beyond crypto’s historic value,” says CEO Dara Khosrowshahi.

Stablecoins = instant, dollar-based transfers, without touching volatile assets.


🤚No, Uber’s Not Buying Crypto (Yet)

Khosrowshahi was clear at Bloomberg Tech SF:

  • Uber isn’t adding crypto to its balance sheet
  • It’s not here to speculate
  • The goal is operational efficiency, not moonbags

“We’re in the measurement phase,” he said. Translation: watching carefully, moving slowly.


🟡 Bitcoin Payments? “Definitely” — Someday

Flashback to August 2024: Uber said it’ll eventually support BTC and crypto payments — once regulators stop dragging their feet.

  • Payments would be optional, like Apple Pay or Venmo
  • Not part of any “HODL” strategy
  • Think checkout UX, not crypto adoption campaign

“We’re not in the business of betting on crypto prices,” Khosrowshahi said back then.


👛A Native Wallet Inside the Uber App?

Rumors are swirling.

Uber has explored adding a crypto wallet inside its app — maybe for:

  • 🔒 Encrypted stablecoin payments
  • ✅ Identity + compliance
  • 🟠 BTC support down the line

No roadmap. No official statement. But internal teams are reportedly testing features with external crypto security consultants.


🔍 Uber's Strategy = Pragmatic, Not Maximalist

Khosrowshahi has history. He:

  • Built Expedia into a global tech travel empire
  • Took Uber through a reputation rehab + global expansion
  • Backed mobile before mobile was obvious

Now he’s eyeing blockchain as infrastructure, not ideology. Stablecoins are a tool, not a belief system.

“We’re interested. But we’re not jumping in until the rules are clear.”


🧠 TL;DR — Uber’s Stablecoin Play Is Bigger Than It Looks

🚕 Uber isn’t holding crypto — but it’s watching stablecoins closely 💸 Fast, borderless payments = real-world utility 🛑 No speculation, no moonshots — just efficiency 👛 A wallet could be coming (maybe) 🔮 Legacy tech giants might scale crypto more than any startup ever could

Sometimes the future doesn’t yell. It just quietly updates the app.

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