- Uber plans to accept Bitcoin and stablecoins as payment without holding any assets.
- The company sees stablecoins as a tool to cut international transaction costs and delays.
- Uber is working with experts to address legal, technical, and compliance issues before launch.
Uber is taking a new step in its digital strategy by planning to accept Bitcoin and other cryptocurrencies as payment. CEO Dara Khosrowshahi revealed the move during the Bloomberg Tech Summit held in San Francisco on June 5, 2025. He said Uber is not looking to invest in or hold cryptocurrencies on its balance sheet at this stage.
The company already supports various digital payment methods, including PayPal, Venmo, and Apple Pay. Adding crypto is seen as part of Uber’s regular evolution in payment technology across its global user base. Khosrowshahi emphasized the goal is to offer customers more flexibility without exposing Uber to crypto market risks.
He said the company is still working on research and has not yet provided a schedule for when crypto payments will begin. He stated that Uber is studying stablecoins which may help reduce the expense of money transfers across borders. Digital stablecoins are linked to fiat currencies like the U.S. dollar and make it simple and cost-effective to pay internationally.
Khosrowshahi said this could help Uber reduce foreign exchange fees and improve settlement speed in emerging markets. He noted that stablecoins serve a real use case beyond investment, especially for global firms like Uber. However, he also stated that any crypto rollout would strictly comply with existing consumer protection regulations.
Uber has reportedly held internal discussions on building a crypto wallet within its app to streamline transactions. The company is also working with external specialists to address compliance, security, and integration challenges. Earlier in 2024, Khosrowshahi said Uber would adopt crypto payments once there was more regulatory clarity.
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He again confirmed this position, stressing the company will move only when legal frameworks are well defined. The firm currently has over 171 million monthly users and operates across many countries with varying banking systems. This has made the use of blockchain-based payment tools an area of high interest for Uber’s product teams.
While Uber is not investing in digital assets, it remains focused on improving payment technology for global users. Khosrowshahi closed his speech by saying Uber will keep studying stablecoins and monitoring regulatory developments. He said the company’s main goal is to offer better user experiences without taking on unnecessary financial risk.
Uber’s future plans may include cryptocurrencies like Bitcoin, Ethereum, and USDC, though no official list was shared. Until then, the company will continue reviewing technical and legal considerations before launching any crypto features.
