Uber CEO Dara Khosrowshahi says the company is exploring stablecoins as a payment option. This marks Uber's third public statement on crypto payments since 2021.
Author: Tanishq Bodh
June 6, 2025 – Ride-hailing giant Uber is once again evaluating cryptocurrency as a payment option, with CEO Dara Khosrowshahi stating the company is currently studying the use of stablecoins for international transactions.
The comments were made during Khosrowshahi’s appearance at the Bloomberg Tech conference in San Francisco, where he emphasized that stablecoins offer tangible benefits, particularly for global firms dealing with cross-border payments.
“I think stablecoins are one of the more interesting instantiations of crypto that have a practical benefit beyond being a store of value,” Khosrowshahi said on stage. He noted that Uber is in a “study phase”, examining how stablecoins might fit into its global financial operations.
Uber’s CEO further explained that stablecoins could help lower costs and simplify international money transfers, making them particularly attractive for a company with operations in over 70 countries.
This is the third time since 2021 that Uber has expressed interest in crypto payments:
Despite these statements, no crypto integration has yet been implemented across Uber’s services.
Uber’s crypto curiosity isn’t entirely new. The company was an early member of the Diem Association, the group behind Meta’s now-shelved Libra/Diem stablecoin initiative aimed at transforming global payments. That early involvement laid the groundwork for Uber’s continued exploration of digital currencies, especially those with lower volatility and regulatory clarity.
Uber’s previous crypto-related statements have coincided with mixed market outcomes. After the 2021 comments, Bitcoin traded relatively flat for several months. But following Khosrowshahi’s 2022 remarks, the broader crypto market suffered a major correction starting in spring of that year.
While no direct causal relationship has been established, investors often view corporate crypto interest as a sentiment indicator, especially when it comes from globally recognized brands like Uber.
Khosrowshahi made no promises or timelines but confirmed that Uber is keeping the door open: “We’re definitely going to take a look,” he said. If implemented, stablecoin support would mark a significant step in mainstream crypto adoption, particularly for real-world, high-frequency payments.
Until then, the ride-hailing leader remains cautiously curious, signaling that crypto may one day ride shotgun in Uber’s global payment infrastructure — but not just yet.
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