From Yahoo Finance: 2025-06-05 18:05:00

Uber CEO Dara Khosrowshahi believes stablecoins could lower cross-border costs, exploring the digital assets’ potential at the Bloomberg Tech conference. Stablecoins, pegged to fiat currencies, offer practical benefits beyond crypto’s historic value, particularly for global companies like Uber. While still in early research, Uber is actively considering stablecoin adoption. Lawmakers are discussing stablecoin regulation, acknowledging their stability and low transaction costs. Bitcoin is currently down 1.9% in the last 24 hours, trading around $103,019 after hitting a weekly high of $106,723. Khosrowshahi’s comments suggest Uber’s active interest in exploring crypto’s practical applications.



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