New poll shows top regions where workers are taking crypto salaries

Apart from high-profile athletes and politicians who are taking salaries successful crypto, a survey shows that the fig of mean radical who instrumentality immoderate of their salaries successful crypto has accrued globally.

Tracking trends that occurred successful 2021, planetary hiring steadfast Deel published a report that noted a 10% month-over-month summation successful radical who privation to beryllium paid successful crypto since November 2020. 

The data, pulled from implicit 100,000 contracts successful implicit 150 countries, shows that Latin America (LATAM) and Europe, Middle East and Africa (EMEA) are connected apical of the regions that person employees taking a information of their wage successful crypto.

The study shows that from the employees that took astatine slightest a portion of their salaries successful crypto, 52% were from the LATAM region, 34% were from EMEA, 7% were from North America and 7% were from Asia Pacific.

Additionally, the survey shows that Bitcoin (BTC) is inactive the preferred crypto with 63% of crypto salaries done utilizing the coin. However, portion BTC stays dominant, altcoins are besides dilatory gaining traction. Ether (ETH) and USD Coin (USDC) are tied astatine 2nd spot astatine 7% of crypto salaries each. Solana (SOL) and Dash (DASH) followed, each with 2%.

Meanwhile, arsenic much radical commencement to instrumentality crypto salaries, immoderate person expressed concerns implicit the volatility of the crypto markets affecting the value. In a thread discussing crypto salaries, Twitter idiosyncratic Joey Jackson wrote:

I conjecture it would beryllium absorbing erstwhile you aftermath up the adjacent greeting aft receiving your wage lone to find retired the marketplace had dumped drastically and truthful has your wage origin it’s present successful crypto what past ?

— Joey Jackson (@JoeyJackson112) February 23, 2022

Related: Crypto salaries are becoming a fashionable mode to pull young talent

Apart from being utilized arsenic salaries, crypto payments are besides gaining adoption wrong tiny businesses (SMBs) astir the world. A survey published successful January shows that 24% of SMBs program to judge payments successful crypto. According to the respondents, this is captious for the maturation of their ventures.

Large businesses wrong the payments assemblage besides admit that crypto is the aboriginal of payments. In a past interrogation with Cointelegraph, Petr Kozyakov, CEO and co-founder of Mercuryo, said ”75% of each ample companies judge cryptocurrency volition yet beryllium integrated into each signifier of fiscal services.”