Uber CEO: Stablecoins have the potential to become a new tool for international fund transfers

High Global Remittance Costs? Uber Considers Introducing Stablecoins to Solve

As global enterprises increasingly demand efficiency in cross-border fund transfers, Uber CEO Dara Khosrowshahi recently stated that the company is in the "research phase" and considering using stablecoins as a solution for global fund transfers. He discussed this potential innovation at the Bloomberg Tech Summit in San Francisco, noting that stablecoin technology is "very promising" for multinational companies like Uber.

Stablecoins: Practical Value Beyond Bitcoin

Khosrowshahi stated in the interview that stablecoins are not just investment targets for cryptocurrencies, but have "actual uses". These digital assets are typically pegged to the US dollar or other fiat currencies and backed by cash or other asset reserves. He pointed out that this design helps reduce the cost of international fund flows, making it "quite attractive" for companies like Uber with significant cross-border payment needs.

Uber Evaluating Feasibility of Introduction

Although no specific implementation timeline or partners have been announced, Khosrowshahi clearly stated: "This is very interesting to us, and we will absolutely delve deeper." He emphasized that they are still in the "research phase", meaning more developments may be released in the coming months.

US Accelerates Regulatory Steps for Stablecoins

It is worth noting that the US Congress is currently actively promoting legislation for stablecoins, hoping to establish a more clear regulatory framework for these assets. The legality and compliance of stablecoins will directly affect the adoption willingness of large technology and financial enterprises. Therefore, Uber's interest in stablecoins may also be closely related to policy developments.

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