Uber CEO Dara Khosrowshahi stated the ride-hailing big is exploring the usage of crypto as a fee technique, which marks the third time the corporate has made the declare since 2021.
Talking Thursday on the Bloomberg Tech convention in San Francisco, Khosrowshahi stated the corporate is within the “research section” of evaluating stablecoins for operational use.
“I feel stablecoins are one of many extra fascinating instantiations of crypto which have a sensible profit past being a retailer of worth,” Khosrowshahi stated.
Uber was an early member of the Diem Affiliation (previously Libra), becoming a member of in 2019 to help Meta’s now-defunct stablecoin initiative geared toward reshaping world funds.
“You may have your opinions on Bitcoin, it’s a confirmed commodity, and other people differ on the place it’s going. However stablecoins appears fairly promising, particularly for world firms transferring cash round internationally,” Khosrowshahi continued on Thursday. “That’s tremendous fascinating to us, and we’re positively going to have a look.”
The remarks echo what Khosrowshahi instructed CNBC in September 2021, when he stated Uber would “look into” accepting BTC and different cryptocurrencies as fee.
On the time, he dismissed any plans to place crypto on the corporate’s stability sheet, saying, “We’re going to maintain our money protected.”
Later, in February 2022, Khosrowshahi instructed Bloomberg that the corporate would “completely” settle for cryptocurrencies as a type of fee at “some level” sooner or later, however emphasised that the time wasn’t proper but.
“We’re having conversations on a regular basis,” Khosrowshahi stated on the time. “Because the alternate mechanism turns into inexpensive and turns into extra environmentally pleasant, I feel you will note us leaning into crypto slightly bit extra.”
When he made crypto-related feedback in 2021, BTC traded flat for the following three months.
Nevertheless, his February 2022 feedback got here weeks earlier than the start of an industry-shaking main market correction, which kicked off later that spring.
