In 2024, the share of Web3 staff receiving salaries in cryptocurrency tripled. The vast majority of such funds are made in stablecoins USDC and USDT.
In response to a report by Pantera Capital, one in ten staff within the Web3 trade obtained their wage in digital belongings in 2024. In 2023, solely 3% of staff have been paid in digital belongings, whereas in 2024, this determine grew to 9.6%.
The report attributes the rise in crypto wage funds to a number of components:
- increasing infrastructure;
- rising belief in steady digital belongings;
- availability of employer-friendly options.
The survey additionally confirmed that over 91% of crypto wage funds are made in USDC and USDT. ETH and SOL are used much less steadily for wage functions.
Apparently, most funds in 2024 have been made in USDC, which accounted for 63% of all crypto wage transactions. USDT was utilized in solely 28.6% of instances. Analysts consider one cause for USDC’s dominance is that main international payroll platforms don’t assist funds in USDT.
This rising pattern of digital payroll coincides with a structural shift in employment codecs. In 2024, 82% of Web3 trade staff labored totally remotely. Analysts attribute this to the worldwide distribution of groups and the inherently digital nature of the trade.
Pantera Capital’s knowledge is predicated on a survey of greater than 1,600 professionals from 77 international locations working in Web3 corporations and crypto startups.
The report additionally famous a rise in fiat salaries. Technical roles have been the primary class exhibiting regular progress. In 2024, entry-level salaries rose by a mean of 25.6%, whereas mid- and senior-level professionals earned 14.5% and 4.9% extra, respectively. Analysts famous that ladies within the crypto trade earn extra on common than males.
Brazilian authorities are making ready a invoice that might enable employers to pay a part of salaries in digital belongings.
Сообщение Variety of Crypto Wage Funds Tripled in 2024 появились сначала на CoinsPaid Media.