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Spotify to potentially start accepting cryptocurrencies as a payment method

  • Spotify just launched a job offer involving cryptocurrencies on Lever, a job-seeking platform.
  • Spotify is the world's largest audio streaming service.

A job offer posted by Spotify recently on Lever, an end-to-end talent acquisition platform, seems to indicate that the giant audio streaming service is looking at potentially enabling cryptocurrency payments. The offer states:

We are now looking for an outstanding Associate Director to join our Payments Strategy & Innovation team. This role will report to the Director, Payments Strategy & Innovation and will play a key part in defining and implementing Spotify’s payments strategy as well as leading Spotify’s activity within the Libra stablecoin project and wider digital asset & cryptocurrency space.

Additionally, the offer also states that the Associate Director will have to look for new opportunities and innovation in the emerging ecosystem of distributed ledger technology, which means cryptocurrencies, stablecoins, and other types of digital assets.

You will make use of Spotify's global footprint to seek out innovation in the payments domain globally as well as emerging regulatory & market trends that could influence Spotify's approach to payments.

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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