The head of the Uber recognized that stabilcoins are able to reduce the expenses of international companies to cross -border money transfers. Kostostshahi noted that large companies are more and more of interest in stablecoin, and Uber also considers how to embed them into the business processes of their platform.
“I think that stablecoins are one of the most interesting incarnations of cryptocurrencies. They can be used in a practical channel: to make payments and calculations, and not just as a means of savings. Therefore, stablecoins are very interesting for us, and we are ready to consider them as a potential payment tool in Uber, ”Khosrovshahi said.
Earlier, Uber Director General said that the company is ready to accept bitcoin and other cryptocurrencies if the difficulties associated with high commissions for conducting transactions and the negative impact of cryptocurrencies on the environment are eliminated. If users of the application have a strong demand to pay for trips using crypto assets, the company will have to satisfy customer requirements. At the same time, Khosrovshahi explained that the company itself does not plan to invest in Bitcoin.
There were several cases when attackers pretended to be drivers of Uber taxi to steal cryptocurrency from customers. A similar case occurred last year in Arizona. Recently, the new incident happened in London, when the attacker that was disguised as a taxi driver stole Bitcoin and XRP in the amount of $ 123,000.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.