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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

Uber CEO Dara Khosrowshahi said on CNBC Thursday the rideshare giant will consider accepting cryptocurrencies including bitcoin as a form of payment.

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  • 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.
Danny Nelson

Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Danny Nelson