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.

AccessTimeIconFeb 11, 2021 at 2:06 p.m. UTC
Updated Aug 19, 2021 at 7:12 a.m. UTC

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

  • 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.
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