In a recent interview, Uber's CEO, Dara Khosrowshahi, mentioned that his company is exploring the possibility of accepting stablecoins as a payment method. While showing a keen interest in this particular sector, Khosrowshahi dismissed the notion of investing in Bitcoin.

This isn't the first instance where Khosrowshahi has hinted at the potential for Uber to embrace crypto payments in the foreseeable future. His remarks were rather vague, and there remains no formal roadmap or timeline for such an initiative.

Uber, a widely used ride-hailing application, has consistently demonstrated an interest in blockchain technology and the broader Web3 ecosystem. The company had previously tried to introduce digital currencies several years ago; however, these efforts did not gain traction.

The latest interview highlights that the CEO continues to entertain the idea, emphasizing the advantages of stablecoins. It should be noted that Khosrowshahi specified that Uber's focus is primarily on stablecoins. He cited the current trend of corporations purchasing Bitcoin but expressed skepticism towards this approach.

Given that the company has been performing well this year, transitioning to Bitcoin could significantly alter its operational structure. Conversely, stablecoins provide a practical application for Uber, considering its extensive global customer base.

It is worth mentioning that this isn't the first time Khosrowshahi has proposed integrating crypto payments. In 2022, he announced that this service would be available soon, but it failed to come to fruition.

Despite this, Uber's stock value experienced a temporary surge following the discussion about stablecoins. These gains diminished during after-hours trading.

To summarize, Uber has yet to make any definitive decisions regarding this stablecoin proposal. Ideally, this influential tech corporation will align with the Web3 movement, enhancing the practical applications of the rapidly growing stablecoin market.

Nevertheless, without more concrete commitments, there is no substantial basis to assume that Uber will proceed with such plans.

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