Uber CEO Dara Khosrowshahi confirmed plans for the company to accept Bitcoin and cryptocurrency payments during the Bloomberg Tech conference in San Francisco on June 5, 2025. Khosrowshahi emphasized that stablecoins like USDC and USDT hold particular value for transactions beyond store-of-value purposes, aligning with Uber's strategy to diversify payment options. He stated: "Just like we accept all kinds of local currency, we are going to look at cryptocurrency and/or bitcoin in terms of currency to transact. That’s good for business, that’s good for our riders and our eaters."
The announcement includes potential Bitcoin salary payments for employees, though no implementation timeline was provided. Khosrowshahi referenced Uber's collaboration with regulators to navigate volatility and compliance challenges, citing Tesla's 2021 Bitcoin adoption as a precedent for market impact. The move coincides with Chainalysis data showing an 880% global cryptocurrency adoption surge in 2021, primarily driven by emerging markets and peer-to-peer platforms.