Crypto Payroll Adoption Don Triple for 2024 as USDC Dey Lead Di Surge
According to Pantera Capital’s 2024 Blockchain Compensation Survey, worldwide crypto payroll adoption waka jump from 3% for 2023 to 9.6% for 2024, while fiat payments drop from 95% to 85%. USDC dey dominate crypto payroll, cover pass 60% of payouts, followed by USDT around 28–38%, with SOL and ETH at 1.9% and 1.3% respectively. Companies and DAOs talk say better settlement speed, lower fees plus transparent US Treasury–backed reserves (through Circle’s monthly reports) na the main drivers. Asia-based teams be major growth engine, dem dey use stablecoins to sidestep high transfer costs and banking restrictions. Hybrid crypto payroll models allow workers to split pay between fiat and crypto, supported by better platforms, real-time rails and improved tax tracking. As more firms dey formalize crypto operations and regulators dey show acceptance, crypto payroll dey ready to expand further, boost stablecoin utility for cross-border payments.
Bullish
Di quick growth wey dey happen for crypto payroll adoption, especially for USDC, show say demand for stablecoins for real-world use dey increase. For short term, more payroll volumes and treasury diversification dey support higher transaction volumes and on-chain activities. For long term, wider corporate and regulatory acceptance of crypto payroll go make stablecoin ecosystem strong, wey go keep demand for USDC steady. Overall, dis trend dey positive for USDC market performance.