About 30% of US employees are willing to receive their salaries in cryptocurrencies, especially the younger generation, according to a Clarify Capital survey.
A recent study by Clarify Capital shows that the trend of receiving salaries in cryptocurrencies is gradually becoming more common in the US, with nearly a third of the surveyed employees expressing their willingness to accept this form of payment.
The study was conducted on 800 participants and revealed a clear difference between generations. Specifically, 39% of Gen Z and 32% of Gen Y showed a strong interest in receiving their salaries in cryptocurrencies, indicating the openness of the younger generation to new financial technologies. In contrast, only 15% of Boomers (pre-Gen X) are willing to accept this form, reflecting the caution of the older employee group.
Bitcoin leads the cryptocurrency trend in salary payments
Among cryptocurrencies, Bitcoin (BTC) is the top choice with 72% of respondents supporting it. Ethereum (ETH) holds the second position with 43%, followed by the stablecoin USDC with 28%. Other cryptocurrencies such as Litecoin (LTC) and Dogecoin (DOGE) are also mentioned, but with lower percentages of 17% and 15%, respectively.
The main driver behind this trend is the belief in the potential for cryptocurrency appreciation, emphasized by more than half of the survey participants. In addition, portfolio diversification (33%) and personal financial security (24%) are also important factors.
However, the study also highlights the potential risks. Volatility in value, incomplete legal frameworks, and limited acceptance are the main challenges that both businesses and employees need to consider. "The transition to cryptocurrency payments requires a careful assessment of the benefits and risks," the Clarify Capital report concludes.
In addition to receiving salaries, the research also shows that the trend of borrowing capital in cryptocurrencies is increasing in the US business community. One in four business owners is willing to consider this form of borrowing. In fact, the forecast indicates that 10% of businesses with borrowing needs in the coming year will choose cryptocurrencies over traditional methods.
Among these, borrowing cryptocurrencies through centralized institutions (47%) is more preferred than peer-to-peer lending (37%). Other forms of borrowing, such as margin lending (8%) and flash loans (11%), are less common.
