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Steve Stoute's UnitedMasters Inks Deal With Coinbase To Allow Artists To Get Paid In Cryptocurrency

As we’re living in the age of cryptocurrency, industries are keeping up with the wave, and UnitedMasters recently broke ground in the music industry. According to a press release, the Black-owned music distributer announced that its new partnership with Coinbase will allow artists to get paid in any cryptocurrency supported on the platform. The company is now one of the first to offer the service, Bloomberg reports. The goal of the partnership is to “empower independent artists by giving them transparency, equity and control over their earnings.” View this post on Instagram A post shared by UnitedMasters (@unitedmasters) “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,” UnitedMasters Founder and CEO Steve Stoute said in a press release. “As the financial sector continues to evolve and innovate, we’re committed to putting...

Oct 12, 2021