USDC Fuels 300% Surge in Crypto Payrolls—Pantera Reveals Corporate Adoption Boom
Stablecoins aren’t just for trading anymore. Pantera’s latest survey shows USDC driving a 3x explosion in crypto-denominated salaries—turns out even corporations want to dodge fiat’s slow-motion collapse.
Why settle for inflationary dollars when you can get paid in internet money? Employers are finally waking up to what crypto natives knew all along: real-time settlements beat waiting 3-5 business days for banks to move digits around.
The kicker? This isn’t some DeFi anarchist fantasy. Blue-chip companies now funnel paychecks through blockchain rails—while Wall Street still charges $25 wire fees for the privilege of their 1970s infrastructure.
Stablecoins Gain Ground in Payroll
Of all crypto payments reported, USDC made up the biggest share, accounting for 63% of all salaries paid in digital assets. USDT came next with 28.6%, while other tokens like Solana and ethereum made up only a small part of 1.9% and 1.3% respectively.
The survey covers different roles in the blockchain space, including engineering, legal, operations, and product. It shows that crypto is not just for trading anymore. More companies are now using stablecoins to pay staff, especially those working across different countries mostly in decentralised teams.
One reason for USDC’s strong use is its growing reputation. While USDT still sees strong overall adoption, USDC’s greater transparency and backing by audited reserves gives it an edge in corporate use..
Some well-known platforms like Deel also now support crypto-based payment, allowing individuals to withdraw their salaries in USDT or USDC. These tools help global teams receive payments without the need for local banks..
Although the report didn’t break down trends by region, many of the changes are likely being driven by teams based in Asia, where cross-border payments are a key concern.
While most people still receive salary via fiat, we can expect to see more adoptions of crypto-based salary in the coming year as the crypto space is getting more regulatory backings and institutional adoption.
Also Read: Babylon Labs Launches Trustless Bitcoin Vaults for DeFi Access