Cryptocurrencies as a New Form of Compensation

A new study by Clarify Capital highlights the increasing interest of American employees and businesses in cryptocurrency-based compensation and loans. Cryptocurrencies are steadily becoming a part of modern employment benefits.

Bitcoin Leads the Way

The study found that up to 30% of American workers are willing to accept part of their salary in cryptocurrencies. Gen Z (39%) and Millennials (32%) are the most open to crypto payments. In contrast, only 15% of Baby Boomers expressed interest.

Bitcoin (BTC) is the most preferred cryptocurrency, chosen by 72% of respondents. Ethereum follows with 43%, and the stablecoin USDC comes in third at 28%. Litecoin and Dogecoin round out the top five at 17% and 15%, respectively.

Why Employees Prefer Crypto Payments

More than half of the 800 respondents cited the potential for value appreciation as their main reason for preferring cryptocurrency payments. Other reasons included income diversification (33%) and financial privacy and security (24%).

However, respondents also acknowledged challenges that make crypto-based compensation less appealing. These include market volatility, regulatory uncertainty, and limited adoption. "This shift may bring its own challenges, such as volatility, regulatory uncertainty, and limited adoption. Companies and employees must carefully weigh the benefits against the risks," the analysis states.

Crypto Loans as an Alternative Financing Option

The study also found that one in four U.S. business owners is open to the idea of taking loans in cryptocurrencies. It predicts that within the next year, every tenth business seeking funding will opt for crypto loans instead of traditional ones.

Centralized crypto loans are the most popular option, favored by 47% of respondents. Peer-to-peer crypto loans follow at 37%, while margin loans (8%) and flash loans (11%) are the least preferred.

The study demonstrates that despite its challenges, cryptocurrency is gradually integrating into everyday work life and corporate financing, reflecting a growing interest in innovative financial solutions.

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“