Greg Mann
Greg Mann
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Top Employers Paying in Crypto: The Rise of Crypto Salaries

Top Employers Paying in Crypto: The Rise of Crypto Salaries

Imagine waking up on payday, opening your digital wallet, and seeing Bitcoin, Ethereum, or USDC appear instantly, no waiting for a bank transfer, no FX fees, no middlemen.
That’s the world of crypto salaries, where compensation moves at blockchain speed.

Once a fringe experiment, paying salaries in cryptocurrency has now entered the mainstream conversation. Global startups, remote teams, and even professional athletes are being paid in crypto. Platforms like Bitwage, BitPay, and Deel offer automated payroll solutions for digital assets, and countries from Germany to the UAE are beginning to recognize crypto pay as legitimate, at least in part.

This article introduces the world of crypto salaries: what it is, why it exists, how it works, and what it means for employers and employees alike.
A growing number of organisations see the crypto salary model as a strategic advantage in hiring and retaining global talent.

Why are people being paid in crypto?

Crypto salaries represent efficiency, access, and freedom. The crypto salary trend reflects the digital economy’s shift toward decentralized, borderless value exchange.

A global workforce needs global money

A global workforce needs global money

Remote work has exploded, and teams now span continents. Traditional banking systems, with slow SWIFT wires and high FX spreads, can’t keep up. Crypto allows a startup in Tallinn to pay a designer in Buenos Aires instantly, 24/7, without intermediaries.

Faster, cheaper, fairer

Crypto payments arrive within minutes, not days. Transaction costs are often less than 1%,  a fraction of international banking fees. For employers managing global payroll, the savings and simplicity are on a new path.

Cultural and financial independence

Crypto salaries symbolize financial sovereignty. As mentioned in LearnCrypto’s “Working for Crypto” guide:

“If you can find a forward-thinking company that’s willing to pay all or a portion of your salary in crypto, seize the opportunity.”

Employees who believe in the digital-asset economy see being paid in crypto as aligning their income with their values. The rise of crypto salaries shows how monetary independence is becoming part of professional identity.

What exactly is a crypto salary?

A crypto salary means an employee receives part or all of their wage in cryptocurrency for example in Bitcoin, Ethereum, or (increasingly) stablecoins like USDC or USDT that are pegged to the US dollar or euro..

How it works:

The salary is defined in fiat (e.g., €3,000).

On payday, the employer converts the equivalent amount into crypto using an exchange rate (say, at 12:00 UTC).

The crypto is sent directly to the employee’s wallet.

Employees can hold, spend, or instantly convert it back to fiat.

For compliance, most companies still denominate contracts in fiat and simply settle in crypto. Stablecoins are increasingly popular because they offer the benefits of blockchain without the volatility of Bitcoin or Ether.
For many professionals, a crypto salary offers a practical balance between traditional structure and digital freedom.

Crypto Salaries Benefits for Employees

1. Instant, borderless access

Crypto arrives almost instantly, there are no weekend delays and no “international transfer pending.” This is vital for freelancers or workers in countries with restricted banking.

2. Financial control and inclusion

Employees keep full custody of their money. There’s no intermediary that can freeze funds or charge surprise fees. For many in emerging economies, crypto payrolls are their first access to global finance (source: IMF Financial Inclusion Report 2024).

3. Investment and diversification

Being paid in crypto lets employees hold or grow digital assets over time. LearnCrypto’s tax guide notes:

“Examples of crypto income may include being paid in a salary. It may be taxable at your ordinary income rate, similar to the taxation of normal paycheck funds.”

That recognition means it’s no longer an experiment. Having a crypto salary also encourages long-term financial literacy as employees learn to manage, save, and invest digital income.

4. Access to Web3 opportunities

Crypto-paid employees can immediately use their income in the DeFi and NFT ecosystems: staking, lending, or on-chain investments (source: ConsenSys Web3 Report 2024). Your paycheck becomes your gateway to Web3.

Crypto Salaries Benefits for Employers

Global payroll, simplified

A single blockchain transaction can pay a team of contractors spread across 10 countries. Employers save on transfer costs and avoid the maze of multi-currency accounts.

Cost-efficient & transparent

No intermediary banks. All transactions are traceable on-chain which leads to reduced fraud and increasing auditability.

Talent magnet

Offering crypto salary options attracts blockchain-savvy professionals and positions the employer as an innovative, tech-forward company.

Aligning incentives

In crypto-native companies, paying employees partly in tokens aligns their interests with the project’s success - blending salary with ownership (source: Messari Tokenomics Report 2024).
Forward-looking organizations now include a crypto salary option in compensation packages to stand out in competitive hiring markets.

Top 10 companies who pay salaries in crypto

🇺🇸 United States

  • Exodus (NASDAQ: EXOD) – Pays all employees in Bitcoin, with salaries denominated in USD (SEC filing).

  • Kraken – Offers staff the option to receive part of their pay in crypto (Kraken Blog).

  • BitPay – Uses its own BitPay Send system for internal and external payroll (bitpay.com/payroll).

🇪🇺 European Union

  • BTC Direct (Netherlands) – Has paid employees partially in Bitcoin since 2018 (BTC Direct Blog).

  • SC5 (Finland) – Early pioneer, offering Bitcoin pay as far back as 2013 (The Next Web).

  • MaibornWolff (Germany) – Conducted structured experiments in paying salaries with crypto.

🇬🇧 United Kingdom

  • Monolith (London) – Employees can elect to receive portions of their salary in ETH or stablecoins.

🇨🇦 Canada

  • Shakepay (Montreal) – Lets employees choose a percentage of pay in Bitcoin as a workplace perk.

🏈 In sports
LearnCrypto’s article “Which Athletes Are Paid in Crypto?” lists NFL and NBA players like Russell Okung and Odell Beckham Jr. taking part or all of their salaries in Bitcoin. These high-profile cases show crypto pay entering mainstream culture. The visibility of athletes and companies adopting a crypto salary structure is accelerating global awareness.

The challenges and realities

Crypto salaries sound revolutionary, but they require understanding.

Legal constraints

  • US: Fair Labor Standards Act requires wages to be “payable in cash or negotiable instruments,” meaning the base salary must still be in USD. Crypto can be an optional or bonus portion.

  • Germany: 2025 Federal Labour Court ruling allowed part of remuneration to be paid in crypto as a non-cash benefit.

  • UK: HMRC treats crypto pay as taxable in GBP (HMRC Cryptoassets Manual).

  • Canada: Provincial wage laws require CAD for base salary, crypto bonuses allowed.

Volatility

Bitcoin and Ethereum can fluctuate dramatically. Most companies mitigate this by converting at payment time or using stablecoins like USDC.

Tax complexity

Each crypto payment is treated as income at its fiat value when received. Later, if employees sell or convert it, they may incur capital gains or losses. Transparent record-keeping is essential.

Security & education

Employers and employees must manage wallet security and avoid scams. A simple lost private key can mean lost salary. LearnCrypto’s educational guides emphasize the importance of digital-wallet literacy and self-custody awareness.

Future trends - where crypto salaries are headed

Stablecoin dominance

Stablecoins are quickly becoming the standard medium for crypto payrolls delivering crypto’s advantages without volatility.

DAO and gig-economy pay

Decentralized Autonomous Organizations (DAOs) routinely pay contributors in tokens; gig workers are following suit, with micro-task platforms like Hive and Earn.com paying directly in crypto.

Tokenized compensation

Expect to see hybrid models where employees receive stablecoins for base pay and company tokens as performance bonuses or equity.

Government adoption

Countries like El Salvador and Argentina have debated (or trialed) allowing public-sector workers to receive Bitcoin salaries, an early sign of institutional curiosity.

As these use cases expand, the crypto salary model will likely evolve from niche innovation to mainstream payroll option across industries.

Conclusion

Crypto salaries are more than a tech trend. They are a mechanism for economic transparency in a world where remote work and outsourcing have blurred national borders.
By paying people in the same, global unit of value, crypto erodes the old arbitrage model that made some labor “cheap” and other labor “expensive.”

If remote work connected the world’s talent, crypto pay may finally connect their value.
The result won’t be instant parity,  but it will be visible parity, and visibility always precedes change.