- Uber CEO confirmed the firm is exploring stablecoins to cut cross-border transaction costs and improve payout efficiency.
- Rising active addresses across stablecoin networks suggest growing adoption beyond crypto-native use cases.
Uber CEO Dara Khosrowshahi recently revealed in a Bloomberg interview that the firm is seriously exploring the adoption of stablecoins to reduce transaction fees.
The move would allow Uber to reduce its dependence on mainstream banking infrastructure, especially where there is limited access to finances.
For a company handling billions of dollars in cross-border transactions, stablecoins could facilitate quicker settlement and lower fees.
“We’re still in the study phase, I’d say, but stablecoin is one of the, for me, more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value.
He continued,
“Obviously, you can have your opinions on Bitcoin, but it’s a proven commodity, and you know, people have different opinions on where it’s going.”
Are stablecoins at the heart of web3 payments?
Stablecoins like USDC and USDT are designed to preserve stable value while delivering blockchain-native advantages.
If Uber goes with the tokens, it will become a part of the growing list of mainstream brands adopting crypto-backed payment rails.
Timing, of course, plays a critical role. U.S. lawmakers are gaining ground with the FIT21 Act, while the European Union has already started enforcing its MiCA regulations.
If a player like Uber adopts stablecoins now, it could accelerate regulatory urgency across major economies.
Metrics reinforce the momentum as active addresses surge
Meanwhile, blockchain data shows rising user engagement. According to CryptoQuant, the number of Active Addresses across stablecoin networks has surged in recent weeks.
This uptick mirrors growing institutional curiosity and indicates broader user interaction beyond just crypto traders.
More wallets transacting with stablecoins suggest an early shift toward real-world use.
Source: CryptoQuant
From DeFi to daily life? Is it already happening?
Uber’s entry is not just a business decision. It is a sign that decentralized finance (DeFi) is about to cross over into mainstream use cases.
Stablecoins, once limited to trading in crypto assets, now have roles in international trade, gig economy payments and remittances.
When adoption cases grow, large technology players will no longer be able to ignore blockchain-based payment infrastructure.
If Uber makes the first move, other multi-billion large tech platforms could follow.
