U.S. Crypto Industry Supports 232,000 Jobs and Adds $55B to Economy: Report
The report says crypto supports 232,000 jobs nationwide and contributes more than $55 billion to U.S. gross domestic product in 2026.
- A report released Wednesday by the National Cryptocurrency Association estimates the U.S. crypto industry supports 232,000 American jobs across all 50 states, encompassing direct employment, supplier roles, and positions linked to worker spending.
- Backed by Ripple Labs, the NCA commissioned the Pragmatic Policy Group to conduct the analysis, which estimates crypto will contribute more than $55 billion to U.S. GDP in 2026 through salaries, output, and worker spending.
- Direct employment stands at 34,000 people, while 75,000 supplier jobs and 123,000 positions tied to worker spending comprise the broader total; supported jobs pay an average annual wage of $133,000 versus the $64,000 national median.
- California and New York lead with 57,649 and 53,766 supported roles respectively, while Texas follows with 26,536 and Colorado accounts for 5,797 supported jobs as a 'growing blockchain hub' based on friendly regulatory policies.
- Despite the report's optimistic outlook, Exodus cut about 25% of its workforce while Polygon Labs reduced staff recently; however, NCA President and Ripple Chief Legal Officer Stuart Alderoty called the sector a "real, positive" contributor to American economic growth.
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The cryptocurrency industry is estimated to contribute $55 billion and 34,000 jobs to the US economy, according to a report by the National Cryptocurrency Association (NCA).
Crypto Industry Seen Adding $55 Billion and 232,000 Jobs to US Economy
A new study puts a big number on the table. The US crypto sector is on track to inject $55… Read the original on Crypto Industry Seen Adding $55 Billion and 232,000 Jobs to US Economy. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
NCA Study: U.S. Crypto Industry Could Add $55B by 2026
A new U.S.-focused economic study argues that the domestic crypto sector is already delivering a measurable real-economy footprint—from jobs to consumer spending—estimating that salaries, worker spend and output will contribute $55 billion this year. The analysis was released Wednesday by the Pragmatic Policy Group on behalf of the National Cryptocurrency Association (NCA), an organization backed by Ripple Labs. According to the report, the indu…
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