Markets News Report Technology
June 28, 2023

One in Five French Workers Expresses Interest in Crypto Salaries

In Brief

A fifth of French workers would like to receive their salaries in crypto.

This trend is predominately led by younger male workers.

A recent survey has revealed that one out of every five French workers wishes to receive all or a portion of their salary in cryptocurrency. Conducted by Payfit, a French payroll software provider, the survey has sparked conversations about the changing landscape of remuneration preferences among the workforce.

20% of French Workers Express Interest in Crypto Salaries

Payfit‘s findings indicated that 20% of French respondents expressed an interest in receiving their salaries in cryptocurrency, as opposed to traditional fiat currencies. Payfit’s CEO, Amaury Lelong, found it challenging to pin down the specific reasons behind this preference.

When broken down by demographics, the survey showed a clear trend towards younger male respondents favoring crypto salaries. Approximately 31% of respondents aged between 18 and 35 stated they would welcome receiving their wages in crypto. Nearly a quarter of male respondents also voiced the same preference.

On the other hand, the survey results showed that employees from larger companies seemed less receptive to crypto salaries. Over 80% of respondents from firms employing over 500 people rejected the idea. Additionally, 79% of respondents from the CSP+ demographic, typically including business owners, doctors, lawyers, and company executives, also expressed a disinterest in receiving crypto-based remuneration.

Which Groups of French Workers Want to Get Paid in Crypto?

Despite the uncertainty, the CEO acknowledged that the survey findings reflect a broader shift in the relationship between work and finance. “Since the arrival on the labor market of the Millennials and then of the digital natives, we have observed a marked […] change in the relationship people have toward work,” he noted.

This revelation comes amidst a rising trend of crypto adoption in France. The inflationary pressures on the national economy have reportedly encouraged some to turn to cryptocurrencies. In addition to individual interest, institutional adoption is also on the rise. Major shopping malls in the country announced earlier this month that they would begin accepting crypto payments. Crypto traders in the nation have declared around $448 million worth of crypto-related profits this year.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

More articles
Nik Asti
Nik Asti

Nik is an accomplished analyst and writer at Metaverse Post, specializing in delivering cutting-edge insights into the fast-paced world of technology, with a particular emphasis on AI/ML, XR, VR, on-chain analytics, and blockchain development. His articles engage and inform a diverse audience, helping them stay ahead of the technological curve. Possessing a Master's degree in Economics and Management, Nik has a solid grasp of the nuances of the business world and its intersection with emergent technologies.

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
MAS Clarifies Regulatory Regime For Digital Token Service Providers, Addressing Industry Concerns
Business News Report Technology
MAS Clarifies Regulatory Regime For Digital Token Service Providers, Addressing Industry Concerns
June 6, 2025
Anthropic Unveils Claude Gov: Specialized AI Models Developed For US National Security Use
News Report Technology
Anthropic Unveils Claude Gov: Specialized AI Models Developed For US National Security Use
June 6, 2025
EigenLayer Rolls Out Redistribution Feature, Allowing AVSs To Repurpose And Distribute Slashed Funds
News Report Technology
EigenLayer Rolls Out Redistribution Feature, Allowing AVSs To Repurpose And Distribute Slashed Funds
June 6, 2025
First Week Of June:  Binance Academy And Solana Spark Global Blockchain Growth
News Report Technology
First Week Of June:  Binance Academy And Solana Spark Global Blockchain Growth
June 6, 2025