Crypto Salaries Triple in 2024 as USDC Dominates Payrolls

9.6% of crypto workers are now paid in digital assets, with USDC accounting for 63% of payrolls in 2024.

Aurelien Sage August 7, 2025 - 2:00 PM

Chart showing growth in crypto salaries with USDC leading in 2024

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9.6% of crypto workers now receive salaries in crypto.
Circle’s USDC leads with 63% of all crypto payroll payments.
The number of crypto-paid professionals tripled in 2024.

A growing number of crypto professionals are opting to receive their pay in digital currencies. According to a recent report from Pantera Capital, 9.6% of crypto workers were paid in cryptocurrency in 2024, marking a threefold increase compared to the previous year. This trend underscores the rising confidence in digital assets, especially among professionals working within the blockchain and crypto ecosystem.

As companies embrace decentralized finance and blockchain-based solutions, paying employees in crypto is becoming more practical and appealing. For employees, receiving digital salaries can offer immediate access to investment opportunities and faster, borderless transactions.

USDC Leads the Crypto Payroll Market

Among the various cryptocurrencies used for salaries, Circle’s USDC stands out as the top choice, representing 63% of all crypto payroll transactions in 2024. USDC, a stablecoin pegged to the US dollar, is preferred for its stability, transparency, and regulatory alignment. Its widespread adoption also suggests a move toward more secure and predictable crypto salary options.

The dominance of USDC also points to a growing demand for low-volatility digital assets in payroll systems, reducing risks associated with price swings commonly seen in other cryptocurrencies like Bitcoin or Ethereum.

📊 NEW: The number of crypto professionals paid in crypto has tripled in 2024, with 9.6% now receiving salaries in digital assets.

Circle's USDC leads at 63% of all crypto payrolls, per Pantera Capital report. pic.twitter.com/pR2JUkpmKB
— Cointelegraph (@Cointelegraph) August 7, 2025

What This Means for the Future of Work

The shift toward crypto salaries reflects a broader transformation in how compensation is managed in the Web3 world. Startups and decentralized organizations are leading this movement, offering salaries in stablecoins as part of more flexible and global payroll systems. This approach is particularly attractive for remote teams operating across borders, where traditional banking systems might fall short.

If this trend continues, we may soon see more mainstream industries experiment with crypto payments—not just in the blockchain space, but beyond.

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