Coinbase to Facilitate Crypto Payments for Music Artists With Latest Partnership
Coinbase has announced its exclusive partnership with the American Music distributor, UnitedMasters to enable the choice of cryptocurrency payments to artists for the music they create. According to Coinbase’s recent blog, the partnership will not only financially empower the music creators, in fact, it will also ‘decentralize the economics of the music business.’
The UnitedMasters’ artists will be in charge of their earnings after the crypto partnership. The artists will decide whether they would prefer to be paid, in full or in part, in US dollars or in a cryptocurrency of their choice, further facilitating an autonomous payment system for the employees. The blog mentioned that the artists will have Coinbase’s full set of product offerings at their exposure, including spending, earning, trading, and borrowing services. The crypto exchange giant noted that their generosity is to help the artists do more with their crypto earnings instead of merely putting them aside as one would do with their traditional fiat savings.
“Our mission at Coinbase is to increase economic freedom in the world, and we applaud UnitedMasters’ efforts to help level the playing field for their community of musical artists. Crypto enables more fair and equal access to wealth for anyone, anywhere, without prejudice. We want to make it easy for every company to pay employees in crypto. This is the future of payroll.”
Coinbase Crypto paychecks
Last month, Coinbase announced its latest initiative, letting customers in the US deposit their paychecks into Coinbase, to further enable regular crypto trades and an array of crypto rewards by spending on Coinbase Cards. Coinbase guaranteed zero transaction fees on direct deposit of funds, along with instant and free access to the crypto economy.
Furthermore, Coinbase noted that their partnerships will let the users stay in control of their money by depositing as little or as much of their paychecks as they feel comfortable and offers the choice from 100+ cryptocurrencies available on Coinbase or in US Dollars.
- Paul Tudor Jones Predicts Explosive Bull Market Amid Bitcoin’s ‘Uptober’ Rally
- Robinhood Outage Reported by Users, HOOD Stock Drops
- Tom Lee’s BitMine Adds $820M Worth of Ethereum as ETH Rebounds
- Crypto Crime Hits $2.47 Billion in H1 2025, With Wallet Hacks on the Rise
- ASTER Token Rockets Over 10% in an Hour as Binance Announces Spot Listing
- Ethereum’s Price Bullish Cycle Resumes as Grayscale Launches Spot Staking ETPs – Is $7,331 Next?
- Pi Network Price Risky Pattern Points to Crash as 14M Coins Leave OKX
- Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
