Crypto Salaries Double in 2024 as Stablecoin Pay Hits 9.6%
Pantera Capital’s 2024 survey shows crypto salary adoption doubled, with 9.6% of professionals now on a stablecoin salary. The survey covered 1,600 participants across 77 countries. The shift to stablecoin salary is the latest crypto salary trend amid volatility concerns. Stablecoin salary models, led by USDC (63%) and USDT (28.6%), account for over 90% of digital asset compensation. Growing support from payroll providers for USDC is driving stablecoin salary uptake. Traders should note that stablecoin salary demand may boost stablecoin liquidity and market depth. Despite rising digital asset compensation, major cryptocurrency volatility remains a concern for pay stability.
Neutral
While the surge in stablecoin salary adoption signals stronger demand for USDC and USDT, stablecoins maintain a fixed peg, so their prices remain stable. In the short term, rising stablecoin payrolls may enhance market liquidity and trading depth, supporting transactional use. Over the long term, broader stablecoin salary use underlines growing trust in stablecoin rails, but it does not directly drive price appreciation. As a result, the overall price impact is neutral.