Spotify job posting: We are looking for talent to be responsible for participating in and following up on DiemLibra and cryptocurrency.

A job posting from the music streaming platform Spotify indicates that they are looking for talents who understand Libra and cryptocurrencies to join their payment strategy and innovation department. Job posting link

Seeking Innovative Payment Opportunities

Spotify is looking for a Director of Payments Strategy and Innovation responsible for the global growth, stability, and innovation of Spotify's payments. The job description specifically mentions:

“Leading Spotify's involvement in the Libra stablecoin project, as well as the broader digital assets and cryptocurrency space.”

Spotify is already one of the many members of DiemLibra, and if Diem is successfully launched, more use cases are expected to emerge.

What Will You Do?

Within the job responsibilities, you will clearly see Spotify's ambitions for Diem (formerly known as Libra). It states:

“You will lead Spotify in keeping up with Diem.”

“You will need to further consider opportunities and innovations in the emerging payment ecosystem, including distributed ledgers, blockchain, cryptocurrencies, stablecoins, and CBDCs among other digital assets.”

This role will involve travel between offices in London and Stockholm, requiring you to strategize, execute, collaborate, and possess strong social and marketing skills.

PayPal to Introduce Cryptocurrency Payments Next Year

In the first half of 2021, PayPal will introduce cryptocurrency payment capabilities, allowing users to shop at merchants that support PayPal and plans to open it up to other countries. Additionally, it will seek to integrate the payment feature into the US electronic payment app, Venmo. With 346 million active users globally, PayPal has garnered attention after enabling cryptocurrency buying and selling that cannot be transferred externally earlier this year. The application of cryptocurrencies in cross-border payments is increasingly gaining attention from businesses.