Crypto as a mode of payment? Spotify may be warming up to the idea.

A recent job opening for the position of the Associate Director for payment, associate strategy, and innovation team suggests that the global digital music streaming platform, which gives music lovers access to millions of songs, might just be warming up to the idea of including crypto as a mode of payment.

According to the job listing at Spotify, the company is “looking for someone who can analyze and implement digital payments strategy.”The job description of the company details that the Associate Director of Payments should “look for an emerging ecosystem of distributed ledger technology (DLT), blockchains, cryptocurrencies, stablecoins, Central bank currencies (CBCs) and other digital assets.”

It is quite interesting to see the growing interest of streaming services in cryptocurrency. Along with Spotify, another live-streaming service company Twitch has encouraged its users to make payments in crypto, the company has even offered special discounts to those who make their payments in crypto!

Reportedly, Bitcoin is acting as a better hedge than gold, institutional investors are adding crypto investment in their portfolio and Big-Tech companies like Facebook are introducing their own cryptos like Libra. The use cases for cryptos is certainly increasing and the future looks exciting for wider crypto community. It’s essential that you keep your crypto asset safe! Xcelpay is cold storage universal crypto wallet for cryptocurrencies like Bitcoin, Ethereum, Bitcoincash, and XcelToken Plus. A universal wallet that QR enabled for safety and simplicity. Download the best crypto wallet from both AppStore and Playstore.