USDC leads to crypto payroll as Circle expands enterprise adoption


According to a report from Venture Capital Company Pantera Capital, the number of crypto professionals who earn salaries in digital assets tripled over the past year and has now paid 9.6%.

According to over 1,600 responses from crypto professionals from 77 countries, Report It points to move to a blockchain-based salary system and increase institutional trust with USD-backed assets, such as USDC Coin (USDC Coin (USDC) and USDT (USDT).

Circle’s USDC leads Tether’s USDT, while the world’s largest Stablecoin, accounts for 63% of all cryptocurrencies’ salary.

“We initially thought this was due to our investigation’s bias towards a more western bias,” the report said. “After digging further, we found that there was no major salary provider (Deel, Remote, Ripple) in the space that provided USDT for salary, which was very interesting.”

These two stablecoins account for more than 90% of reported spending. According to Defilama, the total market capitalization of all Stablecoins is $268.6 billion.

Circle, Pantera Capital, Tether, USD Coins
Source: Pantera Capital Report

According to the report, token-based compensation is also increasingly centering around long-term consistency, with nearly 88% of the attribution schedule now set at four years, up from 64% the previous year.

The results show that hands-on experience and technical expertise often exceed academic certificates in the blockchain industry. The average salary for professionals with a bachelor’s degree is $286,039, especially higher than professionals with a master’s degree or a doctoral degree of $226,858.

Circle, Pantera Capital, Tether, USD Coins
Percentage of people paying in cryptocurrency. Source: Pantera Capital Report

Circle’s Enterprise Drive

Circle actively uses USDC as a core tool for institutional payments, wages and B2B financial infrastructure, not just transactions.

In March 2024, the company partnered with the New York Stock Exchange’s InterContinental Exchange (ICE) to explore USDC and tokenized fund integration In the global derivatives market.

Two months later, Circle applied Federal Trust Bank Charter In the Office of the U.S. Currency Auditor General, part of its long-term strategy is to provide regulated infrastructure for stable payments, custody and settlement.

In July, US President Donald Trump Signed the Genius Act Entering the law has established a bipartisan regulatory framework for stable issuers like Circle. Supporters of the bill use USDC as a role model for compliance figures.

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