Crypto salaries triple in 2024 as stablecoins dominate payrolls: report

According to a report by Pantera Capital, salaries for crypto professionals have tripled in 2024. Notably, 9.6% are now compensated in stablecoins, with Circle’s USDC making up 63% of crypto payrolls despite lower trading volume compared to USDT.

The overall market capitalization of stablecoins has hit 268.6 billion USD. Additionally, the report indicates a shift towards long-term token-based compensation, with 88% of vesting schedules set for four years, reflecting the growing importance of experience in the crypto job market.

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