With the elevated adoption of cryptocurrency and its inherent nature of facilitating simplified, cross-border transactions, there was an enormous crypto payroll surge over the past yr.
In keeping with Pantera Capital’s 2024 Blockchain Compensation Survey, revealed on 5 August 2025, greater than thrice as many individuals obtained compensation in cryptocurrency in comparison with the earlier yr.
Moreover, the survey highlighted USDC standing out as the most well-liked digital asset for payroll functions. Curiously, USDC made up 63% of all salaries paid in digital belongings, manner forward of USDT’s 38.6% share.
Different tokens like Solana and Ethereum trailed behind, representing simply 1.9% and 1.3% respectively.
The survey articulated that in 2023, solely 3% of its contributors obtained a portion of their wage in crypto. By 2024, that share had greater than tripled to 9.6%.
The variety of crypto professionals paid in digital belongings tripled in 2024 now 9.6% get salaries in crypto.
Circle’s $USDC leads with 63% of all crypto payrolls, per Pantera Capital. 💼🪙#CryptoSalaries #USDC #web3jobs pic.twitter.com/IICCXRf0tU
— @LanCentralCoin – Each day (@CentralNewsYT) August 7, 2025
Blockchain-native corporations and DAOs (Decentralised Autonomous Organisations) significantly pushed this phenomenon by more and more opting to pay their staff or contributors in stablecoins and tokens.
In the meantime, the share of staff being paid solely in fiat forex fell from 97% to 89.1%. This shift indicators a rising openness amongst organisations to embed digital belongings into routine payroll practices, particularly for roles which are cross-border in nature or function inside decentralised frameworks.
The survey takes into consideration blockchain engineers, product managers, authorized specialists and operations workers throughout the sector and highlights the notion of stablecoins shifting past their conventional roles in buying and selling and DeFi, and rising as sensible devices for payroll and cross-border funds, particularly in blockchain-native organisations.
Discover: Prime Solana Meme Cash to Purchase in August 2025
Elements Driving USDC’s Position In Crypto Payroll Surge
For groups which are globally distributed, the survey finds that crypto-based compensation makes numerous sense after they examine its benefits to conventional techniques
Close to-instant settlements, diminished transaction prices and seamless entry to dollar-dominated worth in areas that face banking hurdles or forex volatility are all nice strengths of a crypto-based remuneration system.
Furthermore, Circle’s dedication to monetary integrity and its institutional-grade stability, demonstrated by its transfer to publish detailed reserve breakdowns and its safe backing by means of US treasuries, has boosted confidence amongst its consumer base.
Discover: 10+ Crypto Tokens That Can Hit 1000x in 2025
Hybrid Payroll Preparations Are Gaining Traction
Though crypto is rising in stature, absolutely crypto-based wage cost continues to be in its infancy. What staff are going for is extra of a hybrid association the place corporations are permitting their staff to obtain part of their wage in fiat and the remainder in digital.
This flexibility permits staff to dollar-cost common into crypto markets and spend seamlessly by way of a Web3 pockets.
Whereas Pantera Capital’s report didn’t disclose any regional development, Asia-based groups and contractors probably gasoline the uptick in crypto-denominated salaries by favouring stablecoins for low-cost, cross-border transactions.
This shift coincides with the maturing of crypto-native companies, which at the moment are formalising operations. Enhancements made in treasury administration instruments, real-time payroll infrastructure and accounting platforms are enjoying a key position in bringing down the logistical limitations to paying in crypto.
Discover: 20+ Subsequent Crypto to Explode in 2025
Key Takeaways
Crypto-based payrolls have tripled within the final yr[, currently standing at 9.6%, up from 2023’s 3%/key_takeaway]
Globally distributed employers paid 63% of all digital salaries in USDC
The proportion of staff who obtained solely fiat forex dropped from 97% to 89.1%./key_takeaway]
Why you’ll be able to belief 99Bitcoins
Established in 2013, 99Bitcoin’s workforce members have been crypto specialists since Bitcoin’s Early days.
90hr+
Weekly Analysis
100k+
Month-to-month readers
50+
Professional contributors
2000+
Crypto Initiatives Reviewed
Observe 99Bitcoins in your Google Information Feed
Get the newest updates, tendencies, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now