A growing number of crypto professionals are choosing to get paid in digital dollars. According to a new report from Pantera Capital, the number of industry workers receiving salaries in crypto has tripled over the past year, with 9.6% now opting for stablecoin payments.
Circle’s USDC leads the trend, accounting for 63% of blockchain-based payrolls, far ahead of Tether’s USDt—even though USDt remains the most traded stablecoin globally. The report, based on over 1,600 respondents from 77 countries, notes that major payroll providers like Deel and Rippling still don’t support Tether, which may explain the dominance of USDC in salaries.
Together, USDC and USDT represent more than 90% of reported crypto payouts. The shift highlights growing trust in dollar-pegged assets and a broader move toward crypto-native financial infrastructure.
Pantera’s data also shows changes in how companies structure compensation. Nearly 88% of token-based packages now feature four-year vesting schedules, up sharply from 64% a year ago—indicating a strong focus on long-term alignment.
Interestingly, educational credentials appear less important than hands-on experience in the crypto sector. Bachelor’s degree holders reported the highest average salaries at $286,000, outpacing those with master’s or doctoral degrees.
Meanwhile, Circle continues to push USDC as a cornerstone of institutional finance. Following partnerships with ICE and a federal trust bank charter application, the company is positioning its stablecoin for payroll, custody, and settlement at scale. Its efforts gained a boost after the passage of the GENIUS Act, a bipartisan stablecoin regulatory bill signed into law by President Trump in July.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
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