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Uber CEO using Stablecoins to reduce the cost of transferring money


The CEO of Dara Khosrowshahi says that Ridesharing Giant Uber is present in the “study stage” to use Stablecoins to help reduce the costs of transferring money all over the world.

Joshroshi He said On the stage at the Bloomberg Technology Summit in San Francisco on June 5, Uber “will definitely look” at Stablecoins.

He said: “We are still in the study stage, but Stablecoin is one of me, for me, more interesting than encryption that has a practical benefit other than encryption as a value store.”

He added: “It is clear that you can get your opinions about Bitcoin, but it is an installed commodity, as you know, that people have different opinions about where they are going.”

The CEO of Uber Dara Khosrowshahi said that the company is in a study phase, perhaps using Stablecoins. source: YouTube

Stablecoins It is a type of cryptocurrency that aims to reflect the value of traditional currencies, and is usually the US dollar. It is usually supported by short -term government cash reserves and bonds.

Josesuchi said that Stablecoinsbare said “interesting to us”, primarily as a payment tool for money transfer.

He said: “I think Stablecoin is very promising, especially for global companies that transfer money all over the world to create a mechanism for us to reduce costs mainly in terms of transferring money at the international level.”

Stablecoin interest in a height

Other companies and even banks were increasingly interested in using Stablecoins in the form of work.

In May, the co -founder and head of the giant payment company John Collison He said in an interview with Bloomberg His company was in early discussions with banks about the potential integration of Stablecoins.