Survey finds 3% of blockchain-industry workers are paid in cryptocurrency

Around 88% of workers in the blockchain industry work remotely, but only 3% are paid in digital assets. This is stated in the results of a survey Pantera Capital.

According to the report, one in five of the 1,600 respondents has ever received payment in cryptocurrency. Managers were the most frequent users of this method.

Most preferred stablecoins USDT or USDC, with only 13% choosing Bitcoin.

The majority of crypto-industry workers reside in the United States (35%), Latin America is second (29.7%), and Europe and the Middle East third (23.5%). The Asia-Pacific region ranked last with 11.6%.

There are about 21,300 jobs in the crypto industry.

Wages in the sector also vary by region. In North America, blockchain developers earn an average of $193,000 per year. This shows a pronounced difference relative to the rest of the world. For example, the Latin American region offers a salary of $104,771.

Web3-developers earn slightly more than their Web 2.0 colleagues. The average pay for the latter in the United States is $166,100.

Top executives at crypto companies earn from $147,363 to $335,400, depending on the level of the firm.

According to a Coinbase report, 20% of Americans own digital assets — this group numbers about 52 million people.

According to a Pew Research Center survey, two-thirds of Americans are wary of crypto assets due to the banking crisis and regulatory issues.