Number of wages paid in cryptographic triple, USDC Leads

The number of professionals who receive their wages in crypto have tripled between 2023 and 2024 with USD Coin (USDC) the privileged payment option in the middle of the Circle company, a Pantera Capital report found

THE results were based on more than 1,600 responses from people living in 77 countries that all work in the cryptographic industry.

Pantera Capital said in its report that 9.6% of cryptography professionals were paid in digital assets in 2024, compared to 3% in 2023.

The USDC of Circle opens the way to payroll

Although the USDT of Tether is the largest stablecoin by market capitalization and the most negotiated in terms of daily volumes, the rival token has become the clear favorite for cryptographic payments.

In the report, the company said that the USDC represented 63% of all cryptographic wages.

Pantera Capital added that they initially thought that the domination of the USDC had something to do with the “more Western” biased investigation.

“After digging more, we found very interesting than none of the main pay suppliers in space (Deel, distant, corrugating) offers usdt for pay,” said the firm.

Combined, the USDT and the USDC represented more than 90% of the declared payments.

The circle pushes for the adoption of the company

USDC’s preference on the USDT may have something to do with the aggressive thrust of Circle’s company while it is trying to position USDC for institutional payments, B2B financial infrastructure and payroll.

In March of last year, Circle teamed up with the parent company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICO). With this partnership, companies explore the integration of USDC and token funds on the global derivative markets.

Circle then asked for a federal charter of the trust bank from the American office of the currency controller two months after announcing this partnership.

The momentum of Circle was still stimulated by its beginnings at the NYSE earlier this year and the signature by US President Donald Trump of the Stablecoin Engineering Act.

The law on engineering is now Law, the first federal framework for the payment floors.

Join @ddisparte And Corey then for the Executive Insights session of Circle, the Genius Act Era era, to find out what it means for the stables of payment, innovation and the world’s world leadership.

🕚 August … pic.twitter.com/ysc2dw36fi

– Circle (@circle) July 30, 2025

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