Uber Circles Back to Crypto — But This Time, It’s All About Stablecoins
After years of flirting with digital assets, Uber is once again showing signs it may embrace crypto — but don’t expect bitcoin tips anytime soon.
Speaking at Bloomberg’s Tech Summit in San Francisco, CEO Dara Khosrowshahi said the company is “actively studying” stablecoins, calling them one of the most promising use cases in the blockchain space. “Stablecoins are more relevant to our business than volatile tokens — especially for global payments,” he noted.
This isn’t Uber’s first crypto detour. The company hinted at accepting crypto back in 2021 and again in 2022, but those conversations never turned into product rollouts. Khosrowshahi made clear Uber won’t be parking BTC on its balance sheet either: “We’re not in the business of speculation. We’re in the business of getting people from point A to B.”
Still, the timing of the renewed interest is notable. With crypto markets stabilizing and regulation catching up, Uber may be positioning itself to ride the next wave of enterprise adoption — especially if stablecoins become mainstream tools for international transactions.
Uber was also an early backer of Meta’s now-defunct Diem project, a reminder that the company’s crypto curiosity runs deep — even if it’s been mostly behind the scenes.
For now, it’s watch-and-wait. But one thing’s clear: the door to crypto at Uber isn’t shut — it’s just being pushed open, one stablecoin at a time.
