Uber dey consider stablecoin payment to reduce global transaction cost as Circle dey debut for NYSE
Uber CEO Dara Khosrowshahi talk for Bloomberg Tech Summit sey dem dey seriously look into stablecoin to make their global payments easier, especially to reduce international transaction cost and control currency wahala – wey many multinational companies dey face. Dem tok about top stablecoins like USDC and Euro Coin wey Circle issue, and Circle recent IPO for New York Stock Exchange don increase interest and confidence for stablecoin adoption. Uber never start stablecoin payment system yet, but dem still dey do internal research as dem dey weigh operational and financial benefits. This move show say many big companies dey consider stablecoin to make cross-border transactions and payments better. Crypto traders suppose note sey if big companies like Uber grab this well, e fit make stablecoin transaction volume rise well-well, push more companies to use crypto payment system, and affect market performance of big stablecoins and related blockchain assets.
Bullish
Uber public exploration of stablecoin technology, especially wen dem talk about USDC and Euro Coin, dey show say e get strong chance for big companies to start use digital assets mainstream. The news come as Circle list for NYSE, wey make stablecoin sector look more legit. For history, when big companies get interest and start use am for real, e dey increase transaction volumes, make institution trust am more, and bring good momentum for related cryptocurrencies, mainly stablecoins. If Uber carry go implement am, e fit set example, make more companies come adopt am and help stablecoins market value grow for short and long term.