Uber is allegedly searching for the use of Stabelin once again. During the Bloomberg Tech Conference held in San Francisco this week, Uber CEO Dara Khosrashihi discussed the company’s ongoing study on the use of Stabelines. Uber is looking to reduce the cost of processing international money transfer, and it is now studying the use of stabelines to achieve this goal. Over the years, StableCoins have attracted the attention of governments and institutional investors, reducing the rules for maintaining stabechoin with many countries.
According to a Bloomberg Report On 5 June, Khosaroshahi stated that Stabelin finds a “practical advantage” in financial costs cuts.
Stabelcoins There are a form of cryptocurrency Made to maintain a certain value. Like Tather and USDC, these assets are associated with FIAT assets like US dollars, which protect these tokens against market volatility and risks. Crypto traders often use stabechoin to transfer funds between different tokens.
During his interview at the Bloomberg event, Khosaroshahi allegedly stated that Uber is about to have an eye on Stabecrim.
“You can express your opinion on bitcoin, but I think Stabelin is especially quite promising for global companies that are taking money globally for us, which are essentially to reduce costs for us,” said Khosaroshahi. Videos of the incident have also been shared on social media.
Khosaroshahi’s statement comes at one time which is moving ahead with America Regulating stablecoinsThe US government is in the process of reviewing and clearing the proposed Stabelcoin Act, which is called the establishment of the National Innovation for Guiding and the US Stabecrims Act. In May, the House Financial Services Committee advanced the bill to the Senate House for final approval, which is awaited. The purpose of the law is to clarify dos and dons for stablecoin issuers to ensure user safety.
Hong Kong pass Its stabechoin bill in May aims to set up a licensing regime for the issuers of Fiat-Service Stabeloin.
Like payments Master card And Banks Stabelin are searching for stabelin ventures amid growing publicity.
In May, Meta Said It is searching for the use of stabechoin to manage payments for international creators and reduce transfer costs.