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Uber explores the use of stablecoin as a means of international payment more effective and cost -effective.
According to Director Dara Khosrolshahi, the company is in Early Studies Phases to help these digital currencies simplify cross -border transactions.
Speaking on Bloomberg Tech Summit 5 of JuneKhosrolshahi said Uber “will definitely look” on Stablecoins. Noted that they were Offer a case of practical use for a crypto currency, except that it is only an investment.
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According to him, Stablecoins could help global companies such as Uber to manage international payments with fewer fees and delays.
Khosrolshahi said Stablecoini were “super interesting” Uber. Explained that the use of stabibloin could help a company Reduce the cost of sending payment between different parts of the worldincluding driver payments, supplier payments and other operational costs.
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As a “proven goods”, but they pointed out that people have different views about where its price goes. On the contrary, he believes Stablecoins could offer a more practical tool for daily business needs.
Stablecoins are digital assets designed to maintain a stable value, usually related to traditional currencies like US dollars. This makes them easier to pay from other crypto currencies, which often have unpredictable prices.
Recently, Grab began to collaborate with Natix, a project associated with Solan’s decentralized network for physical infrastructure (depin). What is the goal of partnership? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3, Aaron tries to transform the space the way we know it and make it more affordable by completing beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
