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USDC Commands Nearly Two-Thirds of Crypto Payrolls as Adoption Triples

Circle’s federal trust charter bid coupled with the GENIUS Act has reinforced USDC’s payroll infrastructure.

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USDC
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Overview

  • The share of blockchain professionals paid in digital assets jumped from 3% in 2023 to 9.6% in 2024.
  • USDC now accounts for 63% of all crypto-based salaries while USDT remains unsupported by major providers like Deel and Rippling.
  • Hybrid compensation models that split pay between fiat and stablecoins are becoming common among blockchain firms and DAOs.
  • Nearly 88% of token-based compensation packages now use four-year vesting schedules, up from 64% a year earlier.
  • Enhanced payroll platforms and real-time treasury management tools are streamlining cross-border stablecoin payouts.