Uber to start accepting stablecoins for payment

[DanWalker]

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.

The world knows that bitcoin is the most popular cryptocurrency, has the biggest and best community...and I don't think Uber doesn't knows that. But they decided to choose stablecoin as a payment method instead of bitcoin, they must have their own reasons. So I don't think bitcoin will be added later, I don't think bitcoin has a chance.

We should accept the fact that bitcoin is not suitable as a payment method or an alternative currency because of its volatility. Popular payment methods need stability, low fees, and speed, not decentralization and privacy. Bitcoin is more suitable as an asset, an investment.

[o48o]

Looks like bitcoin will become the Digital Gold, and USDT/USDC/etc will become the p2p currency accepted worldwide.

Stablecoins are better for regulators, as they can be freeze if they are stolen. Also, they can run in cheaper and faster chains, as decentralization is not important.

I believe they are better than USD, as they offer way more privacy, at least for now.

USD physical Cash is literally anonymous, while stablecoins transactions there stay in transparent ledger forever for everybody to see. So how exactly stablecoins offer more "privacy"?
Also paying with stablecoins will definitely need kyc at some point.

And while you are correct that stablecoins suit better for regulators, they are better for the company and drivers as well, because conversion and taxes create a unnecessary level of difficulty.

[bitmover]

USD physical Cash is literally anonymous, while stablecoins transactions there stay in transparent ledger forever for everybody to see. So how exactly stablecoins offer more "privacy"?

And how will you send me some cash, genius.?
Will you send me them by mail? To other continent?

[X-ray]

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.

Big company has too many things to consider before doing significant move like this, the same way microsoft got opposed by stake holders when trying to diversify to bitcoin.

There's always so many research and also waiting for the right legal framework.

But now regulation about stablecoin has become more clearer than ever, they definitely going to implement stablecoins payment.

[o48o]

USD physical Cash is literally anonymous, while stablecoins transactions there stay in transparent ledger forever for everybody to see. So how exactly stablecoins offer more "privacy"?

And how will you send me some cash, genius.?
Will you send me them by mail? To other continent?

If you are talking about physical cash, like what i was referring to, then via delivery service. And even when we talk about bank transactions, they have level of confidentiality that stablecoins don't have. Every stablecoin tx is public information, and your pseudonymity is just one kyc or doxxing away for people flagging to you personally to literally everything you have ever done with your wallet.

[bitmover]

USD physical Cash is literally anonymous, while stablecoins transactions there stay in transparent ledger forever for everybody to see. So how exactly stablecoins offer more "privacy"?

And how will you send me some cash, genius.?
Will you send me them by mail? To other continent?

If you are talking about physical cash, like what i was referring to, then via delivery service. And even when we talk about bank transactions, they have level of confidentiality that stablecoins don't have. Every stablecoin tx is public information, and your pseudonymity is just one kyc or doxxing away for people flagging to you personally to literally everything you have ever done with your wallet.

Ofc there is a high privacy in cash. But it is terrible to use. And sending money by Mail is  illegal, not effective (very slow ans costy to transfer), and you cant send much.

Also, you have to do kyc to send money by mail
 
Your ilegal activity (mailing money ), may also cost all your funds as it is illegal and the service may just take the letter ...

[o48o]

Ofc there is a high privacy in cash. But it is terrible to use. And sending money by Mail is  illegal, not effective (very slow ans costy to transfer), and you cant send much.

Also, you have to do kyc to send money by mail
 
Your ilegal activity (mailing money ), may also cost all your funds as it is illegal and the service may just take the letter ...

And what's your point exactly? You need to kyc when buying with stablecoins, if not currently then soon. You need to already do that with over cash €200 purchases in here (because of aml regulations), so i would imagine there wouldn't be any difference with stablecoins.

You either want bank to have an access to your transactions, or use your crypto. But if your wallet-id connection leaks, then literally everyone has access on everything you have ever done with that wallet. Not just the bank. And there's no getting rid of that information, it stays up as long as that blockchain stays up.

And what's the thing you were worried about in the first place? Banks freezing your assets? That happens if you get caught of some AML illegality. Are you planning to do something that's illegal?

Because if you are, i wouldn't think sending money via mail (which i am not recommending by the way), would be least of your problems. And it's a common practice in here that no one supervises. And mail would get rid of your package, while bank would freeze everything you got. That can happen with stablecoins as well you know? They can be frozen on-chain or by exchange.

If transaction fees are your issue, it's an artificial problem that can be capped by law, if there's enough pressure for it, and there's a limit how much you can use stablecoins before scaling becomes an issue with them, which isn't an artificial problem, but technical.

[bitmover]

Ofc there is a high privacy in cash. But it is terrible to use. And sending money by Mail is  illegal, not effective (very slow ans costy to transfer), and you cant send much.

Also, you have to do kyc to send money by mail
 
Your ilegal activity (mailing money ), may also cost all your funds as it is illegal and the service may just take the letter ...

And what's your point exactly? You need to kyc when buying with stablecoins, if not currently then soon. You need to already do that with over cash €200 purchases in here (because of aml regulations), so i would imagine there wouldn't be any difference with stablecoins.

Look, you dont need to make kyc to buy stable coins.

I could buy thousands of USDT or USDC right now in just a few seconds using cce.cash, hyperliquid or uniswap for example.

There are many dex with billions of daily volume in Stablecoins. Kyc free.

Basically everything in your post is not correct.

Sending money by mail is ilegal by itself. You cant do that.

[Dr.Bitcoin_Strange]

If finally implemented and they mandate all their drivers to put their payment QR code on display in their cars, it will be very much easier for crypto users to easily scan the code and make fast payment. I remember a day I did bank transfer to one of the Uber driver in my country, he had delay in receiving credit alert, so her thoughts it's a network problem and that they might reverse the money back to me, so we had to exchange contacts in case they reversed the money but it was not reversed, he later got the credited. So, this new development would help.

[Abiky]

USD physical Cash is literally anonymous, while stablecoins transactions there stay in transparent ledger forever for everybody to see. So how exactly stablecoins offer more "privacy"?
Also paying with stablecoins will definitely need kyc at some point.

And while you are correct that stablecoins suit better for regulators, they are better for the company and drivers as well, because conversion and taxes create a unnecessary level of difficulty.

Exactly. It would be just like a credit/debit card. But even worse, because anyone can see your financial activity on the Blockchain. That's why I've been stressing the need for privacy-oriented stablecoins. Such coins can use some sort of privacy technique where only you and the merchant knows the transaction amount (Zero Knowledge Proofs, maybe?). They can remain regulatory-compliant by requesting users their personal info (KYC/AML). But they would be "private" in the sense that no one in the outside world (third parties) will be able to see your utmost sensitive financial information.

Maybe USDC and USDT will add privacy features in the future? One can only hope. At least, Uber's move will trigger other companies to join the crypto craze. Exciting times ahead for "hodlers". Just my two sats.

[BITCOIN4X]

Maybe USDC and USDT will add privacy features in the future? One can only hope. At least, Uber's move will trigger other companies to join the crypto craze. Exciting times ahead for "hodlers". Just my two sats.

I don't think so, USDC and USDT will not add any privacy features so that no one can track transactions. Stablecoins may be effective as a means of payment compared to other cryptocurrencies in different categories, but when its adoption becomes wider then I believe the adoption rate of bitcoin will already be above it.

Of course we can only hope, but what is certain is that koinstabil is not a privacy product. If someone wants to maintain their privacy without having to KYC/AML, then they should consider using another that tends to support user privacy. Anyone can choose which one they want to use, but I agree that the adoption of crypto as a means of payment can trigger others to do the same.

[gunhell16]

That would be a good move if it were actually implemented. Then every country that has Uber transportation will use stablecoins as a mode of payment, that would be a great adoption,
it could be a massive adoption if it happens.

I hope those plans go ahead, and I also think that it is not far off because we are in the digital generation now because of the high tech that our world has so far,
honestly, in this matter.

[Hanadawa]

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.

The world knows that bitcoin is the most popular cryptocurrency, has the biggest and best community...and I don't think Uber doesn't knows that. But they decided to choose stablecoin as a payment method instead of bitcoin, they must have their own reasons. So I don't think bitcoin will be added later, I don't think bitcoin has a chance.

Choosing a stablecoin is the wisest option for a company like Uber. Stablecoins like USDT or USDC have the same value as the US Dollar. This will not confuse people when they first try to pay with stablecoins. This is different from Bitcoin where the transaction fees are high, the confirmation time is longer, and the value is difficult to determine due to its volatility. I personally would rather pay $10 with USDT than pay 0.0001 with Bitcoin. Yes, I think Uber knows about Bitcoin too. But if they are interested, they will make Bitcoin an investment instrument, not a means of paying for their services.

[Abiky]

Choosing a stablecoin is the wisest option for a company like Uber. Stablecoins like USDT or USDC have the same value as the US Dollar. This will not confuse people when they first try to pay with stablecoins. This is different from Bitcoin where the transaction fees are high, the confirmation time is longer, and the value is difficult to determine due to its volatility. I personally would rather pay $10 with USDT than pay 0.0001 with Bitcoin. Yes, I think Uber knows about Bitcoin too. But if they are interested, they will make Bitcoin an investment instrument, not a means of paying for their services.

Stablecoins' value can only be guaranteed if issuers are able to back them with USD reserves. The day this stops (for whatever reason), would be the day where stablecoins will see their demise. Between USDT and USDC, I'd say USDC has better trust. Especially with Tether's shady practices (like increasing the supply every now and then).

At least, stablecoin adoption opens up the door for other cryptocurrencies to come into the fold. There are talks of launching stablecoins on the BTC blockchain itself. So you can see where this is heading to. With Uber on-board, I wonder if DoorDash will be the next company to adopt stablecoins? It seems that stablecoins will become the next CBDCs like I've predicted. Imagine companies ditching credit/debit card payments in favor of stablecoins. Mind-blowing, isn't it?

[BtcAnalyst1]

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/

Whatever ways they want to get involved in crypto, whether the use of stable coin for payments, or they decide to invest on Bitcoin is a very goid developments. It is very obvious that many institutions, companies and organization are realizing the benefits of crypto, i think this will go a long way to spread more awareness and adoptions now and in neat future.

[BitGoba]

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.

The world knows that bitcoin is the most popular cryptocurrency, has the biggest and best community...and I don't think Uber doesn't knows that. But they decided to choose stablecoin as a payment method instead of bitcoin, they must have their own reasons. So I don't think bitcoin will be added later, I don't think bitcoin has a chance.

Choosing a stablecoin is the wisest option for a company like Uber. Stablecoins like USDT or USDC have the same value as the US Dollar. This will not confuse people when they first try to pay with stablecoins. This is different from Bitcoin where the transaction fees are high, the confirmation time is longer, and the value is difficult to determine due to its volatility. I personally would rather pay $10 with USDT than pay 0.0001 with Bitcoin. Yes, I think Uber knows about Bitcoin too. But if they are interested, they will make Bitcoin an investment instrument, not a means of paying for their services.

You’ve probably never heard of or used Bitcoin Lightning.
Watch the video you’ll see how easy and fast it is to pay with bitcoin at a fast-food chain like Stack & Snake
https://www.youtube.com/shorts/A3FTgnbs6bA

Paying at McDonald's with Bitcoin in El Salvado
https://www.youtube.com/shorts/25_VkeiT4R0

SPAR in Switzerland
https://www.youtube.com/shorts/WsoJJ3SF1fM



I don’t really see a strong need for unstablecoins.

If someone wants to use fiat, they can simply go through banks, cards, or fintech apps and pay directly in their fiat currency. I don’t see the point of USDT or USDC it’s just an extra layer of risk.

Fiat currencies themselves are already risky and inflationary  they constantly lose value over time, and in extreme cases can fall into hyperinflation overnight.

Holding USDT or USDC just adds another layer of risk, because now you also have to trust the companies behind them that they hold reserves, that they won’t freeze your funds, and that they won’t collapse under regulatory pressure or technical failure.

[DanWalker]

You’ve probably never heard of or used Bitcoin Lightning.
Watch the video you’ll see how easy and fast it is to pay with bitcoin at a fast-food chain like Stack & Snake
https://www.youtube.com/shorts/A3FTgnbs6bA

Paying at McDonald's with Bitcoin in El Salvado
https://www.youtube.com/shorts/25_VkeiT4R0

SPAR in Switzerland
https://www.youtube.com/shorts/WsoJJ3SF1fM



I don’t really see a strong need for unstablecoins.

If someone wants to use fiat, they can simply go through banks, cards, or fintech apps and pay directly in their fiat currency. I don’t see the point of USDT or USDC it’s just an extra layer of risk.

Fiat currencies themselves are already risky and inflationary  they constantly lose value over time, and in extreme cases can fall into hyperinflation overnight.

Holding USDT or USDC just adds another layer of risk, because now you also have to trust the companies behind them that they hold reserves, that they won’t freeze your funds, and that they won’t collapse under regulatory pressure or technical failure.

When it comes to payment methods, what people want is stability, speed, and as low transaction fees as possible. They don't need a decentralized payment method with volatile fees or transactions stuck for hours or even days.

Using Bitcoin as a payment method has been around for many years but the problem is that it has not really become popular and has not attracted much attention. On the contrary, the trend of using stablecoins is increasing and attracting more attention.

If you pay attention, you will see many governments, banks...are pushing to build a legal framework to legalize stablecoins instead of bitcoin or any other currency. So it's no coincidence that not only Uber but also businesses like Starbucks, McDonald's, Chipotle or Whole Foods are pushing to accept stablecoins.

[Abiky]

When it comes to payment methods, what people want is stability, speed, and as low transaction fees as possible. They don't need a decentralized payment method with volatile fees or transactions stuck for hours or even days.

Using Bitcoin as a payment method has been around for many years but the problem is that it has not really become popular and has not attracted much attention. On the contrary, the trend of using stablecoins is increasing and attracting more attention.

If you pay attention, you will see many governments, banks...are pushing to build a legal framework to legalize stablecoins instead of bitcoin or any other currency. So it's no coincidence that not only Uber but also businesses like Starbucks, McDonald's, Chipotle or Whole Foods are pushing to accept stablecoins.

Governments are pushing the adoption of stablecoins because their plan is to use them as de-facto digital Fiat currencies. CBDCs will be out of the picture. It's why companies like Uber and Starbucks prefer stablecoins instead of traditional cryptocurrencies such as Bitcoin and Ethereum. Before you know it, stablecoins will become a part of our daily life. Perhaps, they will go as far as replacing credit/debit cards within the not-so-distant future.

Who cares? Let centralized entities adopt centralized currencies. Bitcoin will continue to grow regardless of merchant acceptance. It will be used more as a store of value (next digital Gold) than a currency. So long as decentralization prevails, there should be nothing to worry about.

[DanWalker]

Who cares? Let centralized entities adopt centralized currencies. Bitcoin will continue to grow regardless of merchant acceptance. It will be used more as a store of value (next digital Gold) than a currency. So long as decentralization prevails, there should be nothing to worry about.

We should be realistic and accept the fact that bitcoin is more suitable as a store of value, investment than a payment method. It is really not suitable to be a currency/payment method even though that was its original purpose.

Bitcoin network is quite slow and has limited scalability. How can it become a global payment method when traditional payment systems and altcoins are doing it better than it?


Let's face it, bitcoin is a store of value, not suitable as a mass payment method.

[hafiztalha]

When it comes to payment methods, what people want is stability, speed, and as low transaction fees as possible. They don't need a decentralized payment method with volatile fees or transactions stuck for hours or even days.

Using Bitcoin as a payment method has been around for many years but the problem is that it has not really become popular and has not attracted much attention. On the contrary, the trend of using stablecoins is increasing and attracting more attention.

If you pay attention, you will see many governments, banks...are pushing to build a legal framework to legalize stablecoins instead of bitcoin or any other currency. So it's no coincidence that not only Uber but also businesses like Starbucks, McDonald's, Chipotle or Whole Foods are pushing to accept stablecoins.

Governments are pushing the adoption of stablecoins because their plan is to use them as de-facto digital Fiat currencies. CBDCs will be out of the picture. It's why companies like Uber and Starbucks prefer stablecoins instead of traditional cryptocurrencies such as Bitcoin and Ethereum. Before you know it, stablecoins will become a part of our daily life. Perhaps, they will go as far as replacing credit/debit cards within the not-so-distant future.

Who cares? Let centralized entities adopt centralized currencies. Bitcoin will continue to grow regardless of merchant acceptance. It will be used more as a store of value (next digital Gold) than a currency. So long as decentralization prevails, there should be nothing to worry about.

Uber is good platform and that is providing enough space to rent the  cars online and people are getting benefits all over the World because that is present on International level. They are adopting their point if view because in the past there was an international currency exchange which is dollar but they know that millions of people know about crypto and they have trust on that and we will see good step . USED is safe crypto which has price equal to dollar and USDC is also stable coin and millions of people are investing months in USDT and USDC and they are trading this on different exchanges. That is safe crypto and all people could trust on that who don't want to buy Bitcoin because it could be use at any workplace.