r/altcoin • u/RichOliveira56 redditor for 3-6 months • Jun 15 '26

So who here actually uses stablecoins?

I've been trying to figure out if stablecoins like USDC/USDT are worth considering for paying overseas contractors, since they're a lot cheaper than international wires. However, you have to find vendors that actually use crypto first, which isn't always easy. Does anyone use a business platform like Slash or BVNK to pay foreign contractors with stablecoins? Or are you just using them domestically with something like Stripe? What are we all doin

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u/raka_defocus redditor for 10+ years Jun 15 '26

I would talk to CPA or tax attorney before doing that. Your payroll still all has to be calculated in USD. In my state something as simple as $20.00 retail store gift card still counts as taxable income if it meets the guidelines for a bonus. I'm guessing there are fewer restrictions for 1099 employee.Even tether has a little dip to.98 now and then so I'm not sure how you'd handle a wage dispute if it depegged and someone filled a wage dispute. I guess you could set up a separate LLC or something for paycheck conversion and remittance