USDC Surpasses USDT as Preferred Stablecoin for Salaries

Over the past year, the number of crypto professionals receiving salaries in digital assets has tripled, rising from 3% to 9.6%. This is according to a report by Pantera Capital, based on a survey of more than 1,600 respondents from 77 countries.

Stablecoins have become the primary means of payment in the crypto industry, accounting for over 90% of all salaries in digital assets. USDC leads with a 63% share, followed by USDT at 28.6%.

Analysts noted that Circle’s asset is more popular for staff payments, despite USDT’s higher trading volume. They attributed this to major payroll providers like Deel, Remote, and Rippling not offering payments in USDT.

Incomes for technical specialists have risen significantly, particularly for junior and mid-level engineers, by 25.6% and 14.49% respectively. Senior engineers’ salaries increased by 4.9%.

Academic Degrees Less Crucial

In the blockchain industry, practical experience often outweighs academic qualifications. On average, professionals with a bachelor’s degree earned $286,039, while those with a master’s earned $214,359, and doctorate holders earned $226,858.

The study revealed that women generally receive higher salaries in marketing and operational roles, yet lag behind men in engineering and leadership positions.

The crypto industry remains predominantly remote: 82% of employees work from home full-time.

However, the proportion of those working in offices has quadrupled, from 1.5% in 2023 to 6% in 2024. The number of employees on a hybrid schedule has remained nearly unchanged at 11%.

As reported in a Forbes study, 53% of Russians would prefer to receive their salary in foreign currency, while only 16% would choose digital assets.