USDC leads crypto payrolls as Circle expands enterprise adoption
The number of crypto professionals receiving salaries in digital assets has tripled over the past year, with 9.6% now paid in stablecoins, according to a report by venture capital company Pantera Capital.
Based on over 1,600 responses from crypto professionals across 77 countries, the report points to a shift toward blockchain-native payroll systems and growing institutional trust in dollar-backed assets, like USDC Coin (USDC) and USDt (USDT).
Circle’s USDC led the way, accounting for 63% of all crypto payrolls, despite Tether’s USDt being the most traded stablecoin by volume worldwide.
“We initially thought this was due to our survey skewing more western,” the report says. “After digging in further, we found it very…
