Uber (UBER) CEO Dara Khosrowshahi said the company is in the “study phase” of using stablecoins as a way to transfer money worldwide, Bloomberg’s Natalie Lung and Tom Giles report. Stablecoins seems to have “a practical benefit other than crypto’s historic value,” thte CEO said during in interview at the Bloomberg Tech conference San Francisco. Khosrowshahi added that the stablecoin is “quite promising especially for global companies” since it can help cut costs of moving money around among different countries.
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