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πŸ‡«πŸ‡· - Stablecoin

Stablecoin taxation

Updated this week

Hi there πŸ‘‹

There is some legal uncertainty around the taxation of stablecoins (e.g. USDT, USDC or BUSD) which we discuss in our white paper. However, in our tool, stablecoins are currently considered digital assets. Thus, converting a digital asset to stablecoin is not a taxable event in our tool. However, converting stablecoins to euros is a taxable event in Waltio.

The Waltio team

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