We recently announced that we are making it simple for companies to pay their employees in cryptocurrency. Today, we’re pleased to announce that UnitedMasters has partnered with Coinbase to provide their artists with the option of receiving cryptocurrency payments for the music they create. UnitedMasters believes that this will further financially empower the creators of music and decentralize the music business’s economics.
UnitedMasters will give its artists complete control over their earnings, allowing them to be paid in full or in part in US dollars or a cryptocurrency of their choice. To help them do more with their cryptocurrency, the artists can also take advantage of Coinbase’s full suite of product offerings, which includes spending, earning, trading, and borrowing.
Coinbase’s mission is to increase economic freedom around the world, and we applaud UnitedMasters’ efforts to level the playing field for their community of musicians. Cryptocurrency enables more equitable and equal access to wealth for anyone, anywhere, and without discrimination.
We want to make it simple for any company to pay employees in cryptocurrency. This is the payroll of the future. Keep an eye out for announcements in the coming months as we make it easier for more businesses to pay employees in cryptocurrency.