Uber CEO Renews Crypto Payment Talk, Cites Interest in Stablecoins
Uber is once again signaling interest in cryptocurrency payments, with CEO Dara Khosrowshahi stating on Thursday that the company is in the “study phase” of exploring stablecoin integration for operational use.
Speaking at the Bloomberg Technology conference in San Francisco, Khosrowshahi noted, “Stablecoins are one of the more interesting applications of crypto — they offer practical utility beyond just being a store of value.”
This marks the third time since 2021 that Uber has publicly expressed interest in adopting crypto. The company had previously floated the idea in September 2021 and again in February 2022, but no concrete steps followed either announcement.
Khosrowshahi emphasized the appeal of stablecoins in facilitating international transactions for a global business like Uber, while remaining cautious about crypto’s volatility. “Bitcoin is a proven commodity,” he said, “but stablecoins feel much more relevant to our cross-border operations.”
Uber was also an early backer of Meta’s former Libra/Diem project — a stablecoin initiative aimed at reshaping global payments that was ultimately shut down.
Back in 2021, Khosrowshahi had told CNBC that Uber was “looking into” crypto as a payment option, but firmly rejected holding it on the company’s balance sheet, saying, “We are going to keep our cash safe.” In 2022, he told Bloomberg that Uber would “absolutely” accept crypto payments “at some point,” once transaction costs and environmental concerns improved.
Notably, previous crypto-related remarks from Khosrowshahi were followed by notable market shifts. His September 2021 comments coincided with a flat period for BTC, while his February 2022 remarks preceded a major market downturn that began in the spring.
Despite renewed interest in 2025, Uber has yet to offer a timeline or specific implementation plans for cryptocurrency support.
