Crypto Professional Salaries Tripled as Stablecoin Payments Gain Ground

Pantera Capital’s updated survey data reveals growing adoption of crypto-based salaries alongside hybrid payment models and enhanced cross-border payroll solutions.

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Summary

Pantera Capital’s 2024 Blockchain Compensation Survey indicates that crypto payrolls increased from 3% in 2023 to 9.6% in 2024, while purely fiat payments declined—with figures reported as falling from 97% to 89.1% in one instance and from 95% to 85% in another. USDC remains the dominant stablecoin, and hybrid salary options are gaining traction.

Terms & Concepts
  • Stablecoin: A cryptocurrency backed by a reserve asset, such as the US dollar, designed to minimize price volatility.
  • USDC: A dollar-backed stablecoin issued by Circle, widely preferred in digital payrolls due to its transparency and reliability.
  • USDT: A stablecoin issued by Tether, commonly used in crypto transactions for its price stability.