Stablecoin taxation

Updated over a week ago

Hi there ๐Ÿ‘‹

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.

If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! ๐Ÿ’ฌ

The Waltio team

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