Uber CEO Says Company to Consider Crypto for Rides, Not Its Balance Sheet
The rideshare company will look into cryptocurrencies including bitcoin as a potential form of payment.
Uber CEO Dara Khosrowshahi said on CNBC Thursday the rideshare giant will consider accepting cryptocurrencies including bitcoin as a form of payment.
- Khosrowshahi said the company will look into such options if it can identify a benefit or a need to do it.
- He shot down any notion of Uber buying bitcoin for its corporate balance sheet, however. "We are going to keep our cash safe," Khosrowshahi said.
- Uber has been a member of the libra (now diem) stablecoin association since October 2019.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.