Uber to start accepting stablecoins for payment

[Salahmu]

I would have been excited if they were having discussions to add BTC as a payment option in their business. However, i don't really like stablecoin, sometimes i feel it is closer to fiat than crypto, a coin that can be frozen by the issuers, even in your own wallet.

Yeah when i saw the post that was the first thing that came to my mind that Bitcoin will be included but after reading I realized it was just for only stablecoins but however they have started well because from this new adoption of stablecoins as a payment could lead to coming up later realizing the need Bitcoin must be included in the payment, this might definitely happen since this present government does not have anything against Bitcoin. Although you are right because stablecoins is just like fiat since there value are always non volatile but however we look forward to seeing them accepting Bitcoin someday.

[slapper]

You see, on the surface, Uber “adding stablecoins” looks like a technical footnote. But peel back a few layers and it’s less about payments, more about rewriting the underlying rules of global commerce. Dara isn’t just cutting fees; he’s quietly redrawing borders

Uber’s scale isn’t a detail. With 170 million active users and over $40B+ in quarterly transactions, when they shift their money rails (even “just for study”) it’s a planetary-scale stress test for the old order. Visa and Mastercard lose $60B in market cap in a week, and that’s just from rumors. Imagine what happens when Uber flips the switch for real

But don’t get too excited about buying your ride with Bitcoin. They want stability, not the volatility with high transaction fee. This is Uber’s chance to build its own internal nervous system

Regulators are right to sweat: the geopolitical chessboard is fracturing, with every country dreaming of its own programmable digital coin. Uber, meanwhile, aims for a universal lubricant, a frictionless rail that no central bank can pull off the tracks. If this works, Uber might turn from gig-economy app to something closer to a “platform-state”, where the driver is both labor and citizen, the ride is both work and remittance, and the app is the bank

Maybe it sounds far-fetched. Maybe it’s inevitable. And what happens to the millions whose economic lives now flow through its software, and the governments that suddenly realize the pipes are being rerouted right under their noses

[Metalbest]

I think that’s a great strategy if they can pull it off also  i think using stablecoins for payments could tremendously help with speed and cheaper fees especially for international transactions. It makes sense for a worldwide network like Uber when drivers and riders are from different nations but the regulatory part is tough and might drag things down and still  i think it’s a step in the right direction and shows how crypto is slowly becoming more realistic in regular use

[dezoel]

If I am asked if  I would pay for Uber rides in a stablecoin, I would respond in affirmation without thinking twice. This is based on the fact that I am pro-crypto and I know that if they are successful it would cause a chain reaction where other similar businesses would adopt it. However, I am thinking about the regulators who will see this as a problem because it may mean that taxes may not go to them anymore. They may not like this. I look forward to reading more on how Uber plans on working their way around this.

This could be huge breakthrough for crypto because Uber is big name and surely this will give motivation to many others for having this while just going with stablecoins are also not bad start because in future many changes can happen which will allow them to have more options added.
Recently few changes are making positive move for crypto and crypto lover because many big corporations are getting involved in this while many countries are working on for bringing soft rules which will encourage peoples to use this crypto instead of cash or other options because this will surely help them for having better work for controlling data and bring more peoples in their timeframe for taxes.
This could be taken time, but moves like these are going to be big for crypto community which is now having good changes after long wait of instability because things are heading for stability.

Yeah but IMO this is not surprising anymore because if I'm not mistaken, a lot of huge companies are already here. So I would say that it is like an addition already if this came to life but if not, then fine, it is not a big deal as well. Stable coin is huge now, so it definitely is not a bad start but it is a decent one.

Market has been stagnant and that is the reason why even a few change can seem to be a big one already. Companies supporting crypto is only an addition and for sure, lots of people are still sticking with cash. Countries, banks, or governments like it than crypto because it was their own and if that is strong, they can be strong as well. I still salute them for allowing crypto .

[nikola22]

You see, on the surface, Uber “adding stablecoins” looks like a technical footnote. But peel back a few layers and it’s less about payments, more about rewriting the underlying rules of global commerce. Dara isn’t just cutting fees; he’s quietly redrawing borders

Uber’s scale isn’t a detail. With 170 million active users and over $40B+ in quarterly transactions, when they shift their money rails (even “just for study”) it’s a planetary-scale stress test for the old order. Visa and Mastercard lose $60B in market cap in a week, and that’s just from rumors. Imagine what happens when Uber flips the switch for real

But don’t get too excited about buying your ride with Bitcoin. They want stability, not the volatility with high transaction fee. This is Uber’s chance to build its own internal nervous system

Regulators are right to sweat: the geopolitical chessboard is fracturing, with every country dreaming of its own programmable digital coin. Uber, meanwhile, aims for a universal lubricant, a frictionless rail that no central bank can pull off the tracks. If this works, Uber might turn from gig-economy app to something closer to a “platform-state”, where the driver is both labor and citizen, the ride is both work and remittance, and the app is the bank

Maybe it sounds far-fetched. Maybe it’s inevitable. And what happens to the millions whose economic lives now flow through its software, and the governments that suddenly realize the pipes are being rerouted right under their noses

most likely Uber will use for payments popular stablecoin like USDC and it's not big news because more and more companies considering using stablecoins for payments. as I remember Trump wants the stablecoins bill to be passed till august so after that using stablecoins for payments will be a common case. using BTC or other crypto for payments is also possible through payment service provider like Bitpay or Coinbase Commerce.

actually at some point Uber can consider creating their own bitcoin reserve because such approach is becoming widespread.

[LGD2Business]

The question is why they haven't used stablecoins in this way until now. It's very easy to prepare the infrastructure. Legal procedures shouldn't be difficult to handle either. There is no obstacle to do this, but these companies cannot keep up with the speed of technology. It makes life easier for them to get paid with stablecoins, but it has no effect on Bitcoin. It would be nice if they accepted Bitcoin. By the way, Uber doesn't even exist in my country, the government banned them because of the taxi lobby. It's very strange that there are such differences in the world according to the region you live in.

[STT]

I noticed they want to pay yield for the stable coins but not so much the BTC when I have a deposit on a big site.
   Its easy to switch between the two so I guess its not too much hassle to pay Uber in stable coins and I presume its down to usability that is the reason that Uber wont take the BTC directly.   I would probably in any case end up just having a credit balance with Uber anyway which is basically going to be FIAT.
  So long as the majority of the Bitcoin doesnt have to be converted then I guess its not a problem but some people will be upset that day to day the power in the transaction is going to a fiat related stable coin.

[harapan]

Uber's CEO, Dara Khosrowshahi, is thinking about adding stablecoins as a payment option. The company is still in a study phase and this could be a big deal for simplifying global payments and cutting down on fees. Here's the breakdown :
1. Uber's not planning to invest in cryptocurrencies like Bitcoin; they just want to make payments easier.
2. They're figuring out the technical and regulatory stuff before making any moves.
3. There's a chance they might accept other cryptocurrencies like Bitcoin in the future, but nothing's confirmed yet
These all depends on the regulatory clarity and technical integration.

Sounds like this could be a room for adoption but still I don't find it thrilling because it depends on where Uber is being legal so there can be easier adoption and usage of it. But if they just want to make it as payments options then there's need to invest a little bit onto cryptocurrency cause overtime they'll see the need of it.

[Webetcoins]

It seems like stablecoins will become the next CBDCs. Just like how I've predicted it. Uber could've accepted BTC payments through a crypto payments processor (eg: BitPay) and directly convert it to USD. For some reason, they're avoiding Bitcoin. The same can be said about Amazon.

Stablecoins adoption is good and all, but they will ultimately be constrained by the Blockchain's limited transaction capacity. Even platforms like Solana and BSC can get overloaded due to high network activity (thus making stablecoin transactions slow and expensive). At least, Uber is on-board the crypto craze. Who knows which other companies will begin accepting stablecoins as payment method?

Few big companies avoiding bitcoin as payment method and having stablecoins maybe they are feeling comfortable with this or having part of their strategy as they could be entered into this after doing some work and checking how things will be work.

No doubt adoption of stablecoins are also good and having good encouragement for peoples while they are looking for better and soft policies for themselves while as concerns are rising for them due to this adoption Solana and BSC can face consequences, but I am not afraid about this because they can do things which are surely going to give them better response. As things are going many chances bitcoin could be also at his best and also had some good adoption in coming days because it's always had advantage from all other coins in crypto world.

[slapper]

~

most likely Uber will use for payments popular stablecoin like USDC and it's not big news because more and more companies considering using stablecoins for payments. as I remember Trump wants the stablecoins bill to be passed till august so after that using stablecoins for payments will be a common case. using BTC or other crypto for payments is also possible through payment service provider like Bitpay or Coinbase Commerce.

actually at some point Uber can consider creating their own bitcoin reserve because such approach is becoming widespread.

The safe bet is USDC. At this point, company integrates stablecoin is hardly a blip on the radar of the headline chasers. The bill will pass, businesses will comply, and suddenly half the payments in the world will be frictionless, auditable, programmable. Ordinary, until you look twice. Everybody is talking about common case as if it is the end of the story, but the real power is in the boring stuff. Today it is a new button in the app. The next, the business model of Visa is bleeding out the back door, and remittance shops begin closing up shop since drivers are paid immediately across continents

The Bitcoin reserve angle is spicy. Uber as quasi-central bank, piling satoshis as strategic ballast. When they do, it is not so much about possessing a digital gold but being at the next table where the rules of money are made rather than obeyed. Platforms that determine their own monetary policy, in silence, balance sheet by balance sheet. Stablecoins will be everywhere, but the truly crazy future is when just payments become Uber having a parallel economy that outstrips half the countries they are in. The new normal is only normal until you realize who’s actually controlling the narratives

[Ishicryptic]

The question is why they haven't used stablecoins in this way until now. It's very easy to prepare the infrastructure. Legal procedures shouldn't be difficult to handle either. There is no obstacle to do this, but these companies cannot keep up with the speed of technology. It makes life easier for them to get paid with stablecoins, but it has no effect on Bitcoin. It would be nice if they accepted Bitcoin. By the way, Uber doesn't even exist in my country, the government banned them because of the taxi lobby. It's very strange that there are such differences in the world according to the region you live in.

Uber is a global brand and you can wonder why they are just realizing that crypto and stable coins have no barriers except in countries where they are banned. They should speed up the process so that passengers will have options if they don't want to pay fares in their traditional currencies, crypto adoption is increasing and their business should move along with the trend. When they start with stable coins I believe that the next step should be to accept Bitcoin because it is the most popular cryptocurrency and Bitcoin holders who wants to spend their coins can patronize Uber for their movements.

[Abiky]

I've used Uber a couple of times abroad and once in my country (today to be exact). Although them not accepting Bitcoin as well might have disappointed a few people, it's a great move, heading towards the right direction for quick and easy cryptocurrency payments. Whether we like it or not, Bitcoin isn't as efficient to be used in our daily lives, and as bitmover already mentioned, Bitcoin is becoming an asset similar to digital gold, stablecoins could be used to provide efficient P2P transactions that offer a better privacy than fiat currencies (card payments etc).

On the other hand, Synchronice is right about the multiple networks, how would it be implemented is a tricky question.

What about the Lightning Network? Can't these companies use Bitcoin's L2 scaling solution for fast and cheap transactions? The only issue would be dealing with volatile market prices. Using a payment processor such as BitPay or CoinPayments would solve this (the BTC would be immediately converted to Fiat). Let's hope Uber changes its mind in the long run.

Either way, stablecoins can help increase awareness for crypto/Blockchain tech in the mainstream world. People who're curious about stablecoins, will quickly get to know Bitcoin. I'm certain more companies will join the craze as governments draft friendly regulations for the crypto industry. With the US being pro-crypto lately, companies will face little or no obstacles when dealing with crypto. Especially stablecoins, now that the GENIUS act has passed through both chambers of Congress. Just my two stats.

[bitmover]

What about the Lightning Network? Can't these companies use Bitcoin's L2 scaling solution for fast and cheap transactions? The only issue would be dealing with volatile market prices. Using a payment processor such as BitPay or CoinPayments would solve this (the BTC would be immediately converted to Fiat). Let's hope Uber changes its mind in the long run.

Who the hell uses lightning?

I think lightning is  a terrible L2. Hard to use, all wallets have a terrible user experience, lots of people losing money with it as well...

And bitcoin has good fees. Bitcoin is cheap and fast, this is not the reason why uber wants to use stable coins. Stablecoins are just stable. This is what people want.

[Synchronice]

I've used Uber a couple of times abroad and once in my country (today to be exact). Although them not accepting Bitcoin as well might have disappointed a few people, it's a great move, heading towards the right direction for quick and easy cryptocurrency payments. Whether we like it or not, Bitcoin isn't as efficient to be used in our daily lives, and as bitmover already mentioned, Bitcoin is becoming an asset similar to digital gold, stablecoins could be used to provide efficient P2P transactions that offer a better privacy than fiat currencies (card payments etc).

On the other hand, Synchronice is right about the multiple networks, how would it be implemented is a tricky question.

What about the Lightning Network? Can't these companies use Bitcoin's L2 scaling solution for fast and cheap transactions? The only issue would be dealing with volatile market prices. Using a payment processor such as BitPay or CoinPayments would solve this (the BTC would be immediately converted to Fiat). Let's hope Uber changes its mind in the long run.

Either way, stablecoins can help increase awareness for crypto/Blockchain tech in the mainstream world. People who're curious about stablecoins, will quickly get to know Bitcoin. I'm certain more companies will join the craze as governments draft friendly regulations for the crypto industry. With the US being pro-crypto lately, companies will face little or no obstacles when dealing with crypto. Especially stablecoins, now that the GENIUS act has passed through both chambers of Congress. Just my two stats.

Lighting Network is complicated to use. Lots of people have no idea which LN wallet to choose and how to use it. Even LN developers said that LN was a failed project. I think that Web3 wallets are very good solution in this case because you simply connect your Web3 wallet and sign a transaction with a few clicks. I can't imagine if there is a way in crypto world to charge users the way they charge with cards and paypal like services. I think that they might only let users to use the service after money deposit and not when the ride ends.

[shield132]

Uber's CEO, Dara Khosrowshahi, is thinking about adding stablecoins as a payment option. The company is still in a study phase and this could be a big deal for simplifying global payments and cutting down on fees. Here's the breakdown :
1. Uber's not planning to invest in cryptocurrencies like Bitcoin; they just want to make payments easier.
2. They're figuring out the technical and regulatory stuff before making any moves.
3. There's a chance they might accept other cryptocurrencies like Bitcoin in the future, but nothing's confirmed yet
These all depends on the regulatory clarity and technical integration.

This could be a cool step for Uber, and it's definitely something to watch out for. What do you think about this idea?

https://themarketperiodical.com/2025/06/07/uber-eyes-stablecoins-to-simplify-global-payment-systems/

Does Uber ask customers to get KYC verified? There is no Uber where I live, so I don't know how it works but other taxi services like Bolt and Yandex do not ask users for KYC, they only ask it to taxi drivers. Crypto payments will be very cool, especially if Uber will let us to use their service first and pay later. For example, when I use bolt, it lets me to use a taxi service even if I don't have any money on my debit card. I get the ride, then Bolt tries to charge me, if there is no money on my card they do it a few hours later, then they do it a day later and if I still don't have money, it doesn't charge me again but then I manually pay my debt on Bolt's app but it doesn't let me use taxi service again before I pay my debt. I like this service because sometimes there are moments when I don't have money on my card and I can't access my bank. If Uber does like that on crypto payments, that will be very cool to my mind.

[nikola22]

The safe bet is USDC. At this point, company integrates stablecoin is hardly a blip on the radar of the headline chasers. The bill will pass, businesses will comply, and suddenly half the payments in the world will be frictionless, auditable, programmable. Ordinary, until you look twice. Everybody is talking about common case as if it is the end of the story, but the real power is in the boring stuff. Today it is a new button in the app. The next, the business model of Visa is bleeding out the back door, and remittance shops begin closing up shop since drivers are paid immediately across continents

The Bitcoin reserve angle is spicy. Uber as quasi-central bank, piling satoshis as strategic ballast. When they do, it is not so much about possessing a digital gold but being at the next table where the rules of money are made rather than obeyed. Platforms that determine their own monetary policy, in silence, balance sheet by balance sheet. Stablecoins will be everywhere, but the truly crazy future is when just payments become Uber having a parallel economy that outstrips half the countries they are in. The new normal is only normal until you realize who’s actually controlling the narratives

I agree that USDC is the best bet for corporate use. as for Visa I don't think they will just stand and watch loosing their market. they already making partnerships with stablecoin payments companies in order to keep up with the times.

Uber may watch for a while how bitcoin reserves will show themselves. if it turns out that such reserves really do save value and even generate additional income, then a decision in favor of the bitcoin reserve will be made.

[KingsDen]

Uber's CEO, Dara Khosrowshahi, is thinking about adding stablecoins as a payment option. The company is still in a study phase and this could be a big deal for simplifying global payments and cutting down on fees. Here's the breakdown :
1. Uber's not planning to invest in cryptocurrencies like Bitcoin; they just want to make payments easier.
2. They're figuring out the technical and regulatory stuff before making any moves.
3. There's a chance they might accept other cryptocurrencies like Bitcoin in the future, but nothing's confirmed yet
These all depends on the regulatory clarity and technical integration.

This could be a cool step for Uber, and it's definitely something to watch out for. What do you think about this idea?

https://themarketperiodical.com/2025/06/07/uber-eyes-stablecoins-to-simplify-global-payment-systems/

Does Uber ask customers to get KYC verified? There is no Uber where I live, so I don't know how it works but other taxi services like Bolt and Yandex do not ask users for KYC, they only ask it to taxi drivers. Crypto payments will be very cool, especially if Uber will let us to use their service first and pay later. For example, when I use bolt, it lets me to use a taxi service even if I don't have any money on my debit card. I get the ride, then Bolt tries to charge me, if there is no money on my card they do it a few hours later, then they do it a day later and if I still don't have money, it doesn't charge me again but then I manually pay my debt on Bolt's app but it doesn't let me use taxi service again before I pay my debt. I like this service because sometimes there are moments when I don't have money on my card and I can't access my bank. If Uber does like that on crypto payments, that will be very cool to my mind.

How is Uber going to handle the credit ride of a thing you explained with crypto payment. Will they have access to your wallet so that they will have to deduct their money whenever you fund that particular wallet?
If they incorporate stable coins as a payment method, it is a big win and not to complicate the adoption.

If there will be anything spectacular in the future, it will be incorporating bitcoin for a man-less drive. If you are driven by an AI, you have to pay with BTC and atleast get two confirmations in the Blockchain before the door will open for you lol. This is to avoid transaction reversibility which is common in fiat.

[Abiky]

Lighting Network is complicated to use. Lots of people have no idea which LN wallet to choose and how to use it. Even LN developers said that LN was a failed project. I think that Web3 wallets are very good solution in this case because you simply connect your Web3 wallet and sign a transaction with a few clicks. I can't imagine if there is a way in crypto world to charge users the way they charge with cards and paypal like services. I think that they might only let users to use the service after money deposit and not when the ride ends.

That's true. But it's not over yet. Developers can continue to work on LN until it's as friendly to use as possible. Good things aren't built overnight. They take time and effort to become a solid, working product. The main issue is not the LN, nor BTC's on-chain TX capacity, but rather volatile market prices. It's the reason why Uber went all in with stablecoins. And I'm afraid other companies will do the same. Who cares? Let centralized entities embrace centralized digital currencies.

At least, Bitcoin has the community's support. Institutions and governments are embracing it, showing healthy signs of mainstream adoption. Who knows? Maybe someone will build a stablecoin backed by BTC reserves. One could only imagine...

[Cryptohygenic]

The question is why they haven't used stablecoins in this way until now. It's very easy to prepare the infrastructure. Legal procedures shouldn't be difficult to handle either. There is no obstacle to do this, but these companies cannot keep up with the speed of technology. It makes life easier for them to get paid with stablecoins, but it has no effect on Bitcoin. It would be nice if they accepted Bitcoin. By the way, Uber doesn't even exist in my country, the government banned them because of the taxi lobby. It's very strange that there are such differences in the world according to the region you live in.

Even if stable coins has not been one of those volatile digital assets, we should know that it is pegged around the cryptography which could still have effects on firms accepting it for payments regarded that it is also effective in regulatory societies. So may not be so easy just bumping in when drastic measures has not been put to place.
Atleast on this peak they would advance on accepting other volatile assets like bitcoin. For a start probably due to uncertainty, accepting stable coins on their table could alternate them diversifying in the future.

[shield132]

How is Uber going to handle the credit ride of a thing you explained with crypto payment. Will they have access to your wallet so that they will have to deduct their money whenever you fund that particular wallet?
If they incorporate stable coins as a payment method, it is a big win and not to complicate the adoption.

If there will be anything spectacular in the future, it will be incorporating bitcoin for a man-less drive. If you are driven by an AI, you have to pay with BTC and atleast get two confirmations in the Blockchain before the door will open for you lol. This is to avoid transaction reversibility which is common in fiat.

Maybe they'll have access to my wallet. I gamble on Metawin with my Web3 wallet connected to the website and I love the experience, it's way better than traditional deposit/withdraw systems. With my Web3 wallet, I can deposit and withdraw immediately within seconds. If Uber offers that experience, that will make their service very favorable and lots of people will use crypto.
Btw credit ride can easily be done with crypto payments. As far as I know, Web3 wallets have the possibility of recurring payments. The customer has to authorise Uber to automatically charge them. After the end of the ride, Uber will try to charge you. If they fail to charge you at the moment, then it will be a credit ride and you won't be able to ride anymore if you don't pay the debt.