Wall Street is hiring high-paying stablecoins, with compliance positions paying up to $350,000 a year

According to Sina Finance, the stablecoin boom has benefited Dfns, a provider of cryptocurrency wallet technology, but in some ways, the "benefit" may be overdone. Clarisse Hagège, the company's co-founder, raised $16 million for her start-up in January and is expanding to meet the needs of customers in the stablecoin space. However, the growing popularity of the crypto token has sparked a war for talent, making it difficult and costly for her company, which has only 42 employees, to fill 17 vacant positions. "Now everyone is paying a lot of money [for people]," she said.
"There's a massive talent gold rush going on in this space right now," says Owen Dearn, founder of Finder, a fintech recruitment firm. He estimates that about 80 per cent of his company's placements in the past few months have been stablecoins-related. In the US, the basic salary for the head of stablecoin strategy at a large traditional Financial Institution Group is typically between $250,000 and $400,000; in the UK, the salary is expected to be between £150,000 and £220,000 ($203,000 to $298,000). In the US, senior compliance roles in stablecoins can pay up to $350,000 a year.