A new study from the National Cryptocurrency Association (NCA) predicts that the crypto industry will contribute over $55 billion to the US economy in 2026, supporting approximately 232,000 jobs acros
According to a recent report by the Pragmatic Policy Group on behalf of the National Cryptocurrency Association (NCA), the crypto industry is poised to make significant economic contributions. By 2026, it's estimated that this sector will add $55 billion in value through salaries and worker spending, supporting over 232,000 jobs across the US economy.
The NCA analyzed direct, indirect, and induced employment effects, revealing that securities and commodity contracts saw the highest economic impact at around $9.7 billion, followed by housing and real estate with a combined contribution of approximately $4.8 billion. Direct employment in crypto companies is estimated to reach about 34,000 individuals, surpassing industries like coffee manufacturing and aerospace.
Texas, Washington, North Carolina, California, and New York are identified as the top states employing people involved in the industry. Colorado has emerged as a growing blockchain hub due to its favorable regulatory policies, while North Dakota is becoming an energy-integrated digital infrastructure hub thanks to tax laws that favor crypto mining.
Despite this positive outlook, several crypto projects have faced challenges and announced shutdowns in 2026. For instance, Entropy, based in New York, shut down after four years due to scaling issues; Dmail ceased operations in May citing high costs for bandwidth, storage, and computing. Similarly, decentralized autonomous organization (DAO) governance platform Tally and Balancer Labs also closed their doors.
The NCA was launched as a non-profit focused on consumer education with backing from Ripple Labs. Stuart Alderoty, Ripple’s chief legal officer, heads the group. This study underscores the growing importance of crypto in the US economy but highlights ongoing challenges faced by some projects.
Traders and investors should monitor regulatory developments closely, as they can significantly impact market dynamics. Additionally, keeping an eye on job growth trends within the industry will provide insights into its long-term sustainability.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.