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    Home»Crypto News»Variety of salaries paid in crypto tripled in 2024: Report
    Variety of salaries paid in crypto tripled in 2024: Report
    Crypto News

    Variety of salaries paid in crypto tripled in 2024: Report

    By Crypto EditorAugust 6, 2025No Comments2 Mins Read
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    The variety of crypto professionals receiving salaries in digital belongings has tripled over the previous 12 months, with 9.6% now paid in stablecoins, based on a report by enterprise capital firm Pantera Capital.

    Primarily based on over 1,600 responses from crypto professionals throughout 77 international locations, the report factors to a shift towards blockchain-native payroll methods and rising institutional belief in dollar-backed belongings, like USDC Coin (USDC) and USDt (USDT).

    Circle’s USDC led the way in which, accounting for 63% of all crypto payrolls, regardless of Tether’s USDt being essentially the most traded stablecoin by quantity worldwide.

    “We initially thought this was because of our survey skewing extra western,” the report says. “After digging in additional, we discovered it very fascinating that not one of the main payroll suppliers within the house (Deel, Distant, Rippling) provide USDT for payroll.”

    Mixed, the 2 stablecoins accounted for over 90% of reported payouts. In line with DeFiLlama, the overall market capitalization of all stablecoins stood at $268.6 billion on the time of writing.

    Variety of salaries paid in crypto tripled in 2024: Report
    Supply: Pantera Capital Report

    In line with the report, token-based compensation can be more and more structured round long-term alignment, with practically 88% of vesting schedules now set to 4 years, up from 64% the 12 months earlier than.

    The findings recommend that within the blockchain business, hands-on expertise and technical experience typically outweigh educational credentials. Professionals with a bachelor’s diploma earned a mean wage of $286,039, notably greater than these with a grasp’s at $214,359 or a doctorate at $226,858.

    Circle, Pantera Capital, Tether, USD Coin
    Share of individuals paid in crypto. Supply: Pantera Capital Report

    Circle’s enterprise push

    Circle is aggressively positioning USDC as a core device for institutional funds, payroll and B2B monetary infrastructure, not simply buying and selling.

    In March 2024, the corporate partnered with Intercontinental Alternate (ICE), the NY Inventory Alternate guardian agency, to discover USDC and tokenized fund integration in world derivatives markets.

    Two months later, Circle utilized for a federal belief financial institution constitution with the US Workplace of the Comptroller of the Forex, a part of its long-term technique to supply regulated infrastructure for stablecoin funds, custody and settlement.

    In July, US President Donald Trump signed the GENIUS Act into legislation, establishing a bipartisan regulatory framework for stablecoin issuers like Circle. Supporters of the invoice cited USDC as a mannequin for compliant digital {dollars}.

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