USDC Emerges As Top Pick In Booming Crypto Payroll | Crypto News
A growing quantity of staff are now getting paid in crypto. In 2023, just 3% of those surveyed said half of their wage arrived as digital tokens. By 2024, that share jumped to 9.6%.
This shift comes as blockchain companies and DAOs explore new methods to deal with cross-border pay. Reports have disclosed that purely fiat funds fell from 95% to 85% over the same period.
Our mission is to assist the long-term success of both our portfolio firms and the broader crypto ecosystem.
One major hole we’ve persistently seen? Reliable, clear compensation data for crypto groups.
That’s why we created our annual Crypto Compensation Survey – a…
— Pantera Capital (@PanteraCapital) August 6, 2025
Rise In Crypto Payroll
According to Pantera Capital’s 2024 Blockchain Compensation Survey, USDC leads the pack. It now makes up over 60% of all crypto wages.
USDT trails with 28%. Smaller slices go to Solana at 1.9% and Ethereum at 1.3%. These numbers level to stablecoins changing into a common software for payroll. That’s a big change from just a yr in the past.
Many firms are drawn by sooner settlement occasions and decrease charges. And staff in areas with shaky banking systems see real benefit.
Reports have disclosed that Asia-based groups and contractors are among the most important drivers of this pattern. They often rely on stablecoins to keep away from high switch prices or strict local guidelines.
A handful of companies now let workers cut up pay between money and crypto. This hybrid model offers people the freedom to maintain tokens or spend fiat. It also helps those who need to dollar-cost average into crypto markets.
Pantera’s data reveals these preparations are on the rise, though full-crypto pay stays uncommon.
Stablecoin Salaries Soar
Circle’s determination to publish month-to-month reserve stories has strengthened trust in USDC. The company even secured access to US Treasuries for its backing.
That transparency helps clarify why more payroll departments choose USDC over other cash. Tax groups also get clearer data when they see month-to-month reserve disclosures.
Behind the scenes, better payroll platforms and accounting instruments have made on-chain funds less complicated. Real-time rails now hyperlink digital wallets to company treasuries. And more companies are building inside processes to monitor taxable occasions.
Based on stories from industry insiders, this is only the start. As more crypto-native firms formalize their operations, they’ll need dependable methods to pay people.
And wider acceptance by regulators may give conventional companies the boldness to be part of in.
Featured image from Young Platform, chart from TradingView
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