Uber Eying Crypto For Payments Again. Will It Follow Through This Time?

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

  • Uber CEO Dara Khosrowshahi has said that the firm is in “the study phase” of accepting stablecoins for payments.

  • This is the third time Uber has expressed interest in accepting cryptocurrency payments.

  • While Uber failed to follow through after previous mentions of using cryptocurrencies for payments, there are several reasons to believe that this time could be different.

The cryptocurrency adoption train is showing no signs of slowing. Amid the recent wave of attention the industry is receiving under the Trump administration, Uber (NYSE:UBER) has again revealed interest in accepting cryptocurrencies for payments….

Source link