κατασκευή ιστοσελίδων ρόδος

TECH - WEB DEVELOPMENT NEWS

Get the latest tech - web development news and analysis on industry around the world.

  • HOME
You are here: Home / INDUSTRY NEWS / Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs
άμυνα
.

Uber Reportedly Exploring Stablecoin Adoption to Cut Cross-Border Transfer Costs

06/06/2025

Uber is reportedly exploring the use of stablecoins once again. During the Bloomberg Tech conference held this week in San Francisco, Uber CEO Dara Khosrowshahi, discussed the company’s ongoing study on the use of stablecoins. Uber is looking to reduce the costs of processing international money transfers, and it is now studying the use of stablecoins to achieve this goal. Over the past few years, stablecoins have garnered the attention of governments and institutional investors, with multiple countries now mulling regulations to oversee stablecoins.According to a Bloomberg report on June 5, Khosrowshahi said that stablecoins seem to have a “practical benefit” in cutting financial costs.Stablecoins are a form of cryptocurrency built to maintain a fixed value. Like Tether and USDC, these assets are linked to fiat assets like the US dollar which safeguards these tokens against market volatility and risks. Crypto traders often use stablecoins to transfer funds between different tokens.During his interview at the Bloomberg event, Khosrowshahi reportedly said that Uber is going to have a look at stablecoins.”You can have your opinions on Bitcoin, but I do think that stablecoins are quite promising especially for global companies that are moving money around globally for us to essentially reduce costs,” Khosrowshahi noted. Videos from the event have also been shared on social media.Khosrowshahi’s statement comes at a time with the US is moving forward towards regulating stablecoins. The US government is in the process of reviewing and clearing the proposed stablecoin legislation, called the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. In May, the House Financial Services Committee advanced the bill to the House of Senate for the final approval, which remains awaited. The laws aim to clarify the dos and don’ts for stablecoin issuers to ensure user safety.Hong Kong passed its Stablecoin Bill in May, aiming to establish a licensing regime for the issuers of fiat-referenced stablecoin.Payment giants like Mastercard and banks are exploring stablecoin ventures amid the growing hype as well.In May, Meta said that it is exploring the use of stablecoins to manage payouts for international creators and reduce transfer costs.
Source: gadgets360.com

Filed Under: INDUSTRY NEWS Tagged With: Source-7

Our favorite third-party Windows customization tool now lets you clean your storage better

If you want to take control over Windows' features, you could do a lot worse than giving Wintoys a try. It's a cool little third-party suite of stuff you can check out, and we recently named it something everyone should be using. Source: xda-developers.com … [Read More...]

One of the best ways to evade Windows 11's system requirements now lets you control when Windows updates

Windows 10's end-of-life date is fast approaching, and in response, the apps designed to help people transition to Windows 11 are undergoing a flurry of updates to handle the expected influx of users better. Currently, two apps help users bypass Windows 11's system requirements: Rufus (which recently received a dark mode update) and Flyoobe (formerly Flyby11). Source: xda-developers.com … [Read More...]

Heidi Health raises $65M Series B led by Steve Cohen’s Point72

Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so he set out to build it.  “We wanted to build an AI care partner that would stand alongside clinicians and take care of the admin so that individual providers, like me, can feel empowered to deliver the care which we dedicated our lives to,” he told … [Read More...]

OnePlus 15 to Reportedly Carry the Largest Battery on a OnePlus Smartphone

OnePlus 15 launch appears to be around the corner, after the company confirmed that the smartphone will make its debut in China in October. Meanwhile, a new report claims that the OnePlus 13 successor will be backed by the largest battery ever seen on a OnePlus smartphone. Alongside, it is also expected to support wireless charging. The new details arrive just days after a tipster claimed that the … [Read More...]

3 reasons why Perplexity’s Comet has become my go-to browser

There’s no shortage of browsers nowadays, and a new one seems to pop up every few days. And though some of the browsers that launch quietly fade away and are eventually forgotten, every so often one comes along that manages to take over the internet. Source: xda-developers.com … [Read More...]

3 signs that you need a new CPU instead of a GPU

When you experience lower average frame rates or FPS drops, it's easy to assume that your graphics card is the culprit. After all, it's the main component that drives the visuals while you're gaming. However, the issue is that your GPU isn't always the primary cause of all your FPS issues. Although it does most of the heavy lifting in graphically demanding workloads, your CPU plays an equally … [Read More...]

The 3 PlayStation Plus games announced at State of Play you have to download to your PS5

PlayStation has been building up the catalog of classics and new titles available to players through the PlayStation Plus game catalog. With the September 2025 State of Play presentation, that catalog of titles for PS5 owners is continuing to get larger, offering a variety of games to play on the console. Unlike previous showings of State of Play, some highly requested and classic games are making … [Read More...]

5 productivity apps that made my NAS more useful than Google Workspace

Google Workspace is the industry default productivity suite, and rightly so — it’s fast, reliable, has excellent integrations, and offers handy collaboration features. However, it is just another subscription added to your credit card, which starts to bother you, especially if your team size is growing. Source: xda-developers.com … [Read More...]

6 tiny self-hosting tools that save me hours every week

If you are like me, you love the idea of self-hosting, but hate the thought of endless configuration and maintenance. The truth is, self-hosting doesn’t have to be a major time sink – it can actually be a massive time saver. I have spent months testing and refining my setup, and in the process, I have found tiny set-it-and-forget-it tools that work tirelessly in the background. Source: … [Read More...]

4 video game franchises that have lost their identity

Every successful game franchise has something that makes it unique: a style, a story, or a gameplay mechanic that players fall in love with. But when a series strays too far from its roots, that identity starts to fade. Here are four big franchises that lost touch with what made them special. Source: xda-developers.com … [Read More...]

Tags

Source-1 Source-2 Source-3 Source-4 Source-5 Source-6 Source-7 Source-8 Source-9 Source-10 Source-12 Source-13 Source-15 Source-16

Tech Web Development News

This is a PERSONAL and PRIVATE WEBPAGE. Please leave this page. Contact me via email : admin@news-6.com about anything you would like to ask or problem.

Tech News

Disclaimer!
In every post is written below the original source of the post. Copyrights belong on their owners.

Web Development News

HOTELS – CRUISES – CARS – TRAVEL

Recent Posts

  • Our favorite third-party Windows customization tool now lets you clean your storage better
  • One of the best ways to evade Windows 11's system requirements now lets you control when Windows updates
  • Heidi Health raises $65M Series B led by Steve Cohen’s Point72
  • OnePlus 15 to Reportedly Carry the Largest Battery on a OnePlus Smartphone
  • 3 reasons why Perplexity’s Comet has become my go-to browser

Technology - Seo

Categories

  • INDUSTRY NEWS

World Industry News

Privacy & Cookies: This site uses cookies.
To find out more, as well as how to remove or block these, see here: Our Cookie Policy
TECH - WEB DEVELOPMENT NEWS @ COPYRIGHTS 2023