Younger workers increasingly want crypto paychecks, study finds

12/10/2024 07:04
Younger workers increasingly want crypto paychecks, study finds

Almost 40% of surveyed Gen Z workers would not mind taking their next paycheck in cryptocurrency.

Despite the volatility of crypto, at least 30% of surveyed workers say they are interested in taking their salary in cryptocurrencies, according to a new study from Clarify Capital that polled 800 workers and 200 business owners about their compensation preferences.

Twenty percent of surveyed employees believe that digital assets will become a fundamental part of their paychecks in the next five years, the study showed. Bitcoin emerged as the leading cryptocurrency of choice for employees, with an impressive 72% expressing a preference for receiving their wages or bonuses in it.

Other popular cryptocurrencies for compensation include Dogecoin (favored by 14% of respondents) and Litecoin (the crypto of choice for 16% of surveyed employees).

The study also underlined that the age group most interested in receiving their paychecks in crypto was Gen Z – defined as workers born between 1997 and 2012. Among this demographic, nearly 40% of workers expressed an interest in receiving paychecks in crypto, followed by 32% of millennials (those born between 1981 to 1996) and 23% of Gen Xers (those born between 1965 and 1980).


Crypto is also a growing part of the business lending landscape, with 25% of business owners open to taking a crypto loan to grow their operations. According to the study, 10% of businesses are open to pursuing a crypto loan for their business in 2025, with Gen Z and millennial business owners leading the way. The sectors most receptive to crypto lending were IT, retail, and finance.

Bitcoin is currently trading near $96,000 at the time of writing, after jumping above $100

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