Overview
- Pantera Capital’s 2024 Blockchain Compensation Survey found that 9.6% of crypto industry professionals received salaries in digital assets, up from just 3% in 2023.
- USDC accounted for 63% of all reported crypto payrolls, while USDT and other tokens trailed behind, combining with USDC to cover over 90% of payouts.
- Major payroll providers such as Deel, Remote and Rippling do not support USDT for salary payments, reinforcing USDC’s lead in employer adoption.
- The share of employees paid exclusively in fiat fell to 89.1% in 2024, and nearly 88% of token-based compensation packages now follow four-year vesting schedules.
- Circle’s partnership with Intercontinental Exchange, application for a federal trust bank charter, monthly reserve reports and the GENIUS Act have strengthened institutional trust in USDC.