BREAKING: Stablecoin Payments Under $200 Could Become Tax-Free in America
US lawmakers just unveiled the Digital Asset PARITY Act.
What it proposes: Regulated USD stablecoins used for payments under $200 would be exempt from capital gains tax.
No more taxable events on everyday purchases like coffee, groceries, or Uber rides paid with stablecoins.
Key conditions to qualify:
→ Stablecoin must be GENIUS Act regulated
→ Pegged to USD within $0.99 to $1.01 range
→ Bitcoin and other cryptos are NOT included
Why this matters right now:
PayPal just expanded PYUSD to 70 countries. Walmart-backed OnePay already lets users convert crypto to USD for in-store purchases.
Current status: This is a discussion draft, not law yet. Congress targeting passage before August 2026.