Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report
Bitcoin Magazine
Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report
The crypto industry may be relatively small in terms of employers — but the economic contribution is big.
That’s according to a new report published by the National Cryptocurrency Association and the Pragmatic Policy Group, which reveals that while only 34,000 people are employed by crypto companies, the industry will contribute $55 billion in 2026 to the U.S. economy.
The report, “Crypto at Work”, which claims to be the first to comprehensively analyze the crypto industry’s footprint in the U.S. labor market, said that jobs in the space also average $133,000 a year — more than double the $64,000 national median wage, and ahead of average pay in tech of and manufacturing.
“Crypto creates many jobs outside the tech industry and directly supports more jobs than key manufacturing industries,” the report said.
Using a standard input-output economic model, PPG calculated that every direct crypto job supports roughly six additional jobs elsewhere in the economy — at suppliers, and at businesses where crypto workers spend their paychecks.
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