Stablecoin Market Updates: Uber Prefers Stablecoins, Senate Bill to Get Bipartisan Support, Circle Debuts on NYSE
Global ride-sharing giant Uber is now exploring the use of stablecoin to reduce costs in moving money cross-border. CEO Dara Khosrowshahi said that the company is still in the “study phase,” while speaking at the Bloomberg Tech Summit in San Francisco on June 5. Khosrowshahi added that the company is definitely looking at stablecoins, and…