The median compensation globally among 570 engineers surveyed was $120,000, with those in North America getting $193,000, up 1.5% versus the prior year, based on the study.
Many crypto-industry employees believe that cryptocurrencies will eventually play a much larger role in the overall financial and payments system.
And of those who got paid in crypto, the vast majority took the pay in the dollar-linked stablecoins USDC and USDT, with 13% opting for bitcoin . "Senior engineers in Web3 make slightly more than their peers in Web2," the Pantera report concluded.Roughly 88% of roles in the crypto industry are remote, according to the study, contrasted with one estimate of 28% in Web2 roles.
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