In a recent interview on Bloomberg Podcasts, Khosrowshahi confirmed that Uber continues to explore crypto payment options—specifically, digital currencies pegged to fiat value. However, he made it clear that Uber is not considering investing in bitcoin, highlighting the practical advantages of stablecoins for transactional efficiency over speculative value storage.
“We’re still in the exploration phase, but I believe stablecoins are one of the most interesting forms of cryptocurrency—offering real-world utility far beyond just a store of value. For global companies like ours, stablecoins can significantly reduce international transfer costs,” Khosrowshahi stated.
The CEO emphasized that the efficiency and predictability of stablecoin-based payments are particularly attractive for multinational businesses that regularly process international transactions. Nonetheless, he reiterated that Uber has not finalized any plans or timelines for implementing such features.
This is not the first time Khosrowshahi has commented on the potential of crypto for Uber. As early as 2022, he mentioned the possibility of adding crypto payments to the Uber app in an interview with Bloomberg. However, those ideas have yet to materialize, and the company has since maintained a cautious, research-focused approach.
Addressing the broader trend of institutional investment in bitcoin, Khosrowshahi clarified that Uber does not intend to follow companies like Tesla or MicroStrategy in adding bitcoin to its balance sheet. Instead, Uber is focused on practical digital assets that can enhance transaction speed, reduce costs, and deliver greater predictability in payments.
Notably, Uber has made no announcements regarding Web3 integration or the development of its own crypto wallet, even as interest in digital payment tools grows industry-wide.
In related news, it was recently reported that an Uber user fell victim to a wrench attack after boarding a fake taxi, underscoring ongoing risks in the digital payments space.