Now picture Ayesha, a single mom living in the sprawling megacity of Lagos, Nigeria. Each month, she wires her earnings back home to support her family. Those outrageous remittance fees just take another bite out of her scant wages. Western Union and MoneyGram are making mincemeat of her strategy. This...
Uber, the international ride-hailing behemoth, is currently considering adding stablecoins to its payment options. CEO Dara Khosrowshahi announced this electrifying development at the Bloomberg New Economy Tech Summit. It would transform Uber’s operation in the face of multiple currencies, driving down costs and increasing efficiencies simultaneously. Will this new integration...
Uber exploring stablecoins? On the surface, it seems like a big win. Cheaper cross-border payments, happier professional drivers, move into the technological future. Everyone's talking about the potential upside. Let's pump the brakes. We've seen plenty of tech darlings stumble trying to reinvent the wheel, and Uber's stablecoin play could...
