Uber's CEO said the company is evaluating stablecoins to cut FX costs, with Q3 gross bookings guidance of up to $60.25 billion. No token or timeline has been set.
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Uber expects gross bookings of $58.25 billion to $60.25 billion in the third quarter of 2026, the company said. That compares with $53.7 billion in the first quarter. CEO Dara Khosrowshahi also said Uber is evaluating stablecoins for cross-border settlements, a move aimed at cutting foreign exchange costs.
The ride-hailing giant operates in more than 70 countries. Each time a rider pays in a local currency and that revenue flows back to the U.S., FX spreads eat into margins. Khosrowshahi said in June that dollar-pegged digital tokens could reduce those costs. He did not specify which stablecoin or blockchain the company is considering.
Uber is in evaluation mode, not deployment mode, the CEO said. Previous internal discussions centered on pilot programs rather than full integration. No timeline has been set.
The guidance implies an annualized gross bookings run rate above $215 billion. Any stablecoin adoption at that scale could generate billions of dollars in transaction volume for issuers such as Circle or Tether, though the company has made no projections. Khosrowshahi said the evaluation is ongoing and declined to provide further details.
Regulatory clarity in the U.S. will likely shape the pace of any adoption. Stablecoin legislation is advancing in Congress, and a company of Uber's size will need clear legal guardrails before committing. Khosrowshahi said Uber is watching the regulatory developments closely.
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