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About 88% of employees working in the broader blockchain industry work remotely. However, only 3% receive their compensation in digital assets.&nbsp; 
According to Pantera Capital <a href="https://panteracapital.com/blockchain-compensation-survey/" target="_blank" rel="noopener">research</a>,&nbsp;one in five of the 1,600 respondents had ever accepted payment in crypto. The majority preferred <a href="https://crypto.news/how-stable-are-stablecoins/">stablecoins</a> like tether (<a href="https://crypto.news/price/tether/">USDT</a>) or USD Coin (<a href="https://crypto.news/price/usd-coin/">USDC</a>), only 13% chose bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>). 
There are approximately 21,300 jobs in the crypto industry. 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%. 
The company’s survey involved 1,046 respondents from 77 countries. Most of them work in engineering. 
40.7% are involved in decentralized finance (defi), 26.1% in centralized finance (cefi), 15.2% in infrastructure. 
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Moreover, among the companies in which respondents work, there are both startups at the seeding stage and C+ counter-parties. 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="566" src="https://crypto.news/app/uploads/2023/09/Screenshot-2023-09-27-at-15.39.17-1024x566.png" alt="3% of blockchain employees get paid in crypto - 8" class="wp-image-14198728">
 <figcaption class="wp-element-caption">
 Source: <a href="https://panteracapital.docsend.com/view/73gzt3h3qwpbyzgk" target="_blank" rel="noopener">Pantera Capital</a>
 </figcaption>
</figure> 
It is noteworthy that 85% of respondents were men. 70% have been in their position for more than three years. In addition, 87.8% of respondents work remotely. 
In 2023, the average salary in crypto companies was $120,000, the report says. It is not known whether we are talking about a monthly or annual salary. 
<figure class="wp-block-image size-large">
 <img decoding="async" loading="lazy" width="1024" height="602" src="https://crypto.news/app/uploads/2023/09/Screenshot-2023-09-27-at-15.41.19-1024x602.png" alt="3% of blockchain employees get paid in crypto - 9" class="wp-image-14198729">
 <figcaption class="wp-element-caption">
 Source: <a href="https://panteracapital.docsend.com/view/73gzt3h3qwpbyzgk" target="_blank" rel="noopener">Pantera Capital</a>
 </figcaption>
</figure> 
Compensation in crypto 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. 
All the same, <a href="https://crypto.news/5-reasons-why-governments-dont-accept-web3/">web3</a> developers earn little more than their web2 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 company. 
 Read more: <a href="https://crypto.news/curve-founder-repays-aave-loan-still-owes-42m-to-defi-lenders/"> Curve founder repays Aave loan, still owes $42m to defi lenders </a>

3% of blockchain employees get paid in crypto

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