Crypto Sector Generates $55 Billion US Economic Output and 232,000 Jobs

The crypto sector is expected to generate $55 billion in total economic output this year while sustaining 232,000 jobs nationwide, including 34,000 direct roles at crypto companies, according to a report from the National Cryptocurrency Association (NCA). The figures indicate crypto directly employs more people than benchmark industries such as coffee and tea manufacturing, aerospace and robotics, cement manufacturing, and tobacco manufacturing. The analysis relies on input-output modeling from the Bureau of Economic Analysis and Bureau of Labor Statistics data.

Crypto Sector Offers $133,000 Average Annual Pay for Direct Roles

Direct positions in crypto companies average $133,000 in annual pay, which is more than twice the national median wage of $64,000, according to the NCA report. The 34,000 direct roles at crypto companies represent a subset of the total 232,000 positions sustained by the sector nationwide.

Securities and Real Estate Receive Largest Share of Crypto Investment

Crypto's economic contribution impacts a wide array of industries across the country. Crypto investments in securities and commodity contracts receive the largest share at $9.7 billion, followed by housing and real estate at $4.8 billion, the NCA says.

California and New York Lead Crypto Employment Concentration

Employment concentrates in California, New York, Texas, Washington, and North Carolina, with notable increases in Colorado and North Dakota tied to favorable regulations and energy resources. The geographic distribution reflects both regulatory environments and infrastructure availability across states.

Sixty-Seven Million Americans Hold Crypto Assets

Broader industry context shows 67 million Americans hold crypto assets, and the US ranks second globally in adoption rates. Additionally, 60% of Fortune 500 firms pursue related blockchain projects, according to the report.

FAQ

How many jobs does the crypto sector sustain in the US? The crypto sector sustains 232,000 positions nationwide, including 34,000 direct roles at crypto companies, according to the National Cryptocurrency Association report.

What is the average annual pay for direct crypto sector positions? Direct positions in crypto companies average $133,000 in annual pay, which is more than twice the national median wage of $64,000.

Which industries receive the largest share of crypto investment? Crypto investments in securities and commodity contracts receive the largest share at $9.7 billion, followed by housing and real estate at $4.8 billion.