3% of blockchain industry employees are paid in cryptocurrency


About 88% of employees in the blockchain industry work remotely, but only 3% are paid in digital assets. This is stated in the results of a survey by Pantera Capital.

According to the report, one in five of the 1,600 respondents had ever accepted payment in cryptocurrency. At the same time, managers most often used this method.

Most preferred stablecoins USDT or USDC, only 13% chose Bitcoin.

The bulk of crypto employees live in the United States (35%), Latin America is in second place (29.7%), and Europe and the Middle East are in third place (23.5%). Asia-Pacific came in last with 11.6%.

There are approximately 21,300 jobs in the crypto industry.

Pay in the industry also depends on the region. In North America, blockchain developers earn an average of $193,000 per year. This shows a “dramatic difference” compared to the rest of the world. For example, the Latin American region offers a salary of $104,771.

Web3 developers earn little more than their Web 2.0 counterparts. The average salary of the latter in the United States is $166,100.

Top managers in the crypto industry earn between $147,363 and $335,400 depending on the level of their company.

Recall that according to a Coinbase report, 20% of Americans own digital assets—there are about 52 million people in this group.

At the same time, according to a Pew Research Center survey, two-thirds of United States residents are distrustful of crypto assets due to the banking crisis and regulatory problems.

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