PANews June 6th News, according to Bloomberg, Uber CEO Dara Khosrowshahi said at the Bloomberg Technology Conference in San Francisco that the company is in the stage of researching the use of stablecoins to optimize the global fund transfer process.
Kostrosahi pointed out that stablecoins “have practical benefits for global companies” and can significantly reduce the cost of cross-border transfers. He described the technology as “very interesting” and Uber is actively evaluating its application potential.
Stablecoins are digital tokens that are usually pegged to the US dollar or other currencies and backed by reserve assets. As a multinational company, Uber has relatively low costs when using stablecoins as a transfer tool for transactions between different countries.
Previously, Uber had expressed interest in cryptocurrencies but did not accept it due to the price fluctuations and regulatory uncertainties of cryptocurrencies. This research on stablecoins reflects that Uber has adopted a more cautious and practical attitude towards digital assets.
However, Kostrosahi also emphasized that Uber is still in the initial stage of assessing the feasibility of using stablecoins in its operations and has not disclosed specific roadmaps, pilot projects or implementation schedules yet.
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