Number of salaries paid in crypto tripled in 2024: Report

Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey.

The number of crypto professionals receiving salaries in digital assets has tripled over the past year, with 9.6% now paid in stablecoins, according to a report by venture capital company Pantera Capital.

Based on over 1,600 responses from crypto professionals across 77 countries, the report points to a shift toward blockchain-native payroll systems and growing institutional trust in dollar-backed assets, like USDC Coin (USDC) and USDt (USDT).

Circle’s USDC led the way, accounting for 63% of all crypto payrolls, despite Tether’s USDt being the most traded stablecoin by volume worldwide.

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