Crypto industry directly supports 34,000 US jobs, contributes $55B to economy
In brief
- Crypto industry directly supports 34,000 US jobs with average annual wages of $133,000.
- Sector on track to contribute over $55 billion to the economy in 2026.
- Each direct crypto position generates roughly six additional roles in the broader economy.
- California leads with over 57,600 direct and related crypto jobs.
- 67 million Americans own crypto, up 12 million from the previous year.
Economic Multiplier Effect
The crypto industry's reach extends far beyond direct employment. Each direct crypto position generates roughly six additional roles elsewhere in the economy, meaning the sector supports 232,000 jobs across related industries through indirect and induced economic activity.
Crypto's contribution ripples through multiple sectors. The industry adds an estimated $3.6 billion to professional services and $3 billion to housing, demonstrating how crypto wages flow into broader economic activity.
Geographic Distribution
Crypto employment is concentrated in high-cost regions. California accounts for more than 57,600 direct and related crypto jobs, making it the undisputed hub. North Carolina supports over 9,500 crypto-related jobs, while more than 17,000 positions are located across states in the US Heartland.
Methodology and Adoption
The Crypto at Work report was produced by the National Cryptocurrency Association with the Pragmatic Policy Group. The analysis was conducted using an input and output economic model based on publicly available data from the US Bureau of Economic Analysis.
Ownership of crypto assets continues to expand. A separate NCA survey published in May estimated more than 67 million Americans own crypto, representing an increase of 12 million from the previous year.
"What we are seeing in this data, and hearing directly from businesses and workers across the country, is how the crypto industry in America has become an economic driver" — Stu Alderoty, NCA President
