Interest in cryptocurrencies and stablecoins is growing on one of the most popular streaming platforms in the world, Spotify begins the hiring process for its cryptocurrency payments strategy.
In a Spanish President Pedro Sánchez’s announcement In a recently published job posting, the streaming company for music playback Spotify, says it needs an Associate Director to join its Payments Strategy and Innovation team, with the aim of developing a viable strategy for the company to adopt payments with cryptocurrencies, and digital assets, in addition to stablecoins as the project diem from Facebook, formerly known as Pound.
The company said the new Associate Director will play a key role in defining and implementing Spotify’s payments strategy, as well as leading the platform’s activity within Facebook’s digital currency project and the broader universe of digital assets and cryptocurrencies.
The vacant position will report to the Payments Strategy and Innovation Team, which is responsible for designing the platform's payments strategy, focusing on its growth and development to continue meeting the needs of users throughout its ecosystem.
Spotify is the world's largest Swedish-American audio streaming subscription service, with More than 300 million registered and active users by the end of October this year.
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Global Trends in Cryptocurrencies and Digital Assets
Interest in cryptocurrencies and new technologies is a trend that is gaining greater strength today, so the person who holds the position of Associate Director in Spotify's Payment Strategy and Innovation Team will also have the role of evaluating and analyzing global behavior and trends in cryptocurrencies and digital assets in the markets for their future implementation.
Even the document that Spotify exposes, indicates that this person must study the behavior of the CBDC, digital currencies issued by central banks, such as the DCEP from China, to implement them on the platform, and provide its users and consumers with a wide range of payment alternatives, which improve monetization opportunities and allow the experience within the platform to grow.
This Associate Director will also be the company's representative to the Libra Association, of which Spotify is a founding member along with other companies.
“You will lead Spotify’s day-to-day engagement with Diem (formerly Libra).”
Interest in cryptoeconomics is growing
Bitcoin Bitcoin has gained great popularity this year, with the participation of several institutional actors as potential investors in this cryptocurrency and its price growing exponentially, to the point of briefly surpassing its highest value reached, marking new historical records. Likewise, many other companies and businesses began to accept Bitcoin and other cryptocurrencies as a means of payment, which further consolidates the interest shown by many to innovate and dominate in global payments.
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