<ul><li>Uber Technologies is considering using stablecoins for cross-border money transfers to reduce the cost and time associated with traditional methods.</li><li>Stablecoins can enable global money transfers with internet speed, eliminating the need for intermediaries and reducing settlement costs from $30 to sub-dollar fees.</li><li>Meta and other companies are also exploring stablecoins for cross-border payments to avoid fees related to wire transfers and improve efficiency.</li><li>The adoption of stablecoins for cross-border payments is gaining momentum as companies like Circle Internet Financial launch their stablecoin-powered networks for mainstream use.</li></ul>

Uber Considers Using Stablecoins for Cross-Border Money Transfers

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