Music and podcast streaming service Spotify posted a job supply that awoke curiosity within the crypto group, because it’s associated to supporting cryptocurrencies for funds on the music platform, doubtlessly.
Spotify Is Treading Crypto Waters With a New Job Itemizing
In response to the job itemizing printed on the expertise acquisition platform Lever, the corporate is in search of an “Affiliate Director, Funds Technique & Innovation” who is anticipated to herald new cost methods.
The outline of the job function, based mostly of their London places of work, particulars:
This function will report back to the Director, Funds Technique & Innovation and can play a key half in defining and implementing Spotify’s funds technique in addition to main Spotify’s exercise inside the Libra stablecoin undertaking and wider digital asset & cryptocurrency house.
The music streaming service big explains that the director ought to search for new alternatives within the “rising ecosystem” of distributed ledger know-how (DLT), blockchains, cryptocurrencies, stablecoins, central financial institution digital currencies (CBDCs), and different digital belongings.
Apparently, Spotify stresses the corporate’s want to guide their engagement within the “day-to-day” with the Libra Affiliation.
Different streaming companies have been displaying an growing curiosity in cryptocurrencies, reminiscent of Twitch, because the live-streaming firm has inspired individuals throughout 2020 to pay their subscription through crypto by providing particular reductions.
The platform at present makes use of an Atlanta-based crypto agency, Bitpay, which permits funds in bitcoin (BTC), bitcoin money (BCH), ethereum (ETH), 4 USD-pegged stablecoins (GUSD, USDC, PAX, and BUSD), and ripple (XRP).
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