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USDT and Stablecoins Dominate as Crypto Salaries Triple in 2024

USDT and Stablecoins Dominate as Crypto Salaries Triple in 2024

Author:
USDT News
Published:
2025-08-07 11:29:11
19
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The adoption of cryptocurrency salaries has seen a remarkable surge in 2024, with nearly 10% of crypto professionals now receiving their pay in digital assets—a threefold increase compared to the previous year. According to a global survey by Pantera Capital involving 1,600 workers, this trend highlights the growing confidence in blockchain-based payroll systems. Stablecoins, particularly Circle's USDC, are leading this shift, accounting for 63% of crypto salary payments. This development underscores the increasing mainstream acceptance of digital assets in the finance sector, with stablecoins emerging as the preferred choice for payrolls due to their price stability and reliability.

Crypto Salaries Triple in 2024; Stablecoins Lead Payrolls

The adoption of cryptocurrency salaries has surged in 2024, with nearly 10% of crypto professionals now paid in digital assets—a threefold increase from the previous year. Pantera Capital's global survey of 1,600 workers highlights this shift, underscoring growing confidence in blockchain-based payroll systems.

Stablecoins dominate the trend, accounting for the majority of crypto salary payments. Circle's USDC represents 63% of these transactions, despite Tether's USDT maintaining higher trading volumes globally. The preference for USDC signals a deliberate MOVE toward regulatory-compliant stablecoins in payroll operations.

Mixed Signals in Crypto Markets as Bitcoin Holds Near $115K

Bitcoin's price action remains indecisive, oscillating in a tight range between $110,000 and $116,000 amid low trading volumes. A breakdown below this zone could trigger further downside, keeping traders on edge. ethereum briefly surpassed $3,700 before retreating, adding to the market's uncertainty.

Layer 2 tokens like Mantle (MNT) have outperformed, rallying over 20% this week, while centralized exchange tokens such as BNB and CRO saw modest gains. In contrast, meme coins and AI-related tokens faced selling pressure, reflecting shifting investor sentiment.

U.S. spot Bitcoin ETFs recorded $91.55 million in net inflows on August 6, breaking a four-day outflow streak. Ethereum ETFs followed suit with $35.12 million in inflows, though Grayscale's ETH Mini Trust saw minor redemptions.

Binance's latest Proof of Reserves report reveals a 3% increase in user BTC holdings to 591,000 BTC, while ETH balances dropped nearly 10%, suggesting portfolio reallocation. USDT reserves climbed to $30 billion, underscoring sustained stablecoin demand.

Multi-Chain Crypto Casinos Gain Traction in 2025 with One-Wallet Solutions

The demand for multi-chain crypto casinos is surging as gamblers seek speed, privacy, and low fees alongside Bitcoin support. Platforms like Dexsport and BC.Games are leading the charge, enabling users to bet across multiple blockchains—including Ethereum, BNB Chain, TRON, and Solana—using a single wallet such as MetaMask or Trust Wallet.

Dexsport stands out as a fully decentralized option with no KYC requirements, supporting 38+ cryptocurrencies and offering over 10,000 games. Its transparency and CertiK-audited security make it a top choice for DeFi enthusiasts.

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