UnitedMasters Partners With Coinbase So Artists Can Get Paid With Cryptocurrency

UnitedMasters released a new strategy with the cryptocurrency platform Coinbase. The arrangement gives independent artists the choice to be paid through Coinbase’s financial method.

As per an official statement, the objective of this partnership is to give more freedoms to the independent artists using UnitedMasters and to help them keep control of their work in the consistently ever-changing music industry.

“Working with Coinbase to give independent artists the ability to be paid in crypto is a natural next step for us, using technology to ensure that the economics of the music business favor the creators behind it,” Founder and CEO of UnitedMasters, Steve Stoute, detailed in a written statement. “As the financial sector continues to evolve and innovate, we’re committed to putting our artists in the best position to benefit from these changes.”

“Coinbase’s mission is to increase economic freedom in the world, and we applaud UnitedMasters’ efforts to level the playing field for their community of musical artists,” Surojit Chatterjee, chief product officer of Coinbase continued. “We want to make it easy for every company to pay employees in crypto. This is the future of payroll.”