2025-12-22 13:20:49

The U.S. cryptocurrency tax system may be on the verge of significant reform. Republican Congressman Max Miller of Ohio and Democratic Congressman Steven Horsford of Nevada have recently joined forces to introduce the "Digital Asset PARITY Act", with the core goal of making daily payments using stablecoins less cumbersome.

Both members are part of the House Ways and Means Committee, which means this proposal carries significant weight. The most eye-catching content in the draft is the "tax-free safe harbor" for stablecoins—transactions under $200, when paid with USD-pegged stablecoins, are exempt from capital gains tax.

This setup seems simple, but it addresses a long-standing issue with cryptocurrency entering the payment sector. Previously, using encryption to buy a cup of coffee in the United States was theoretically considered "property disposition," and every transaction had to be counted for capital gains tax—who can handle that? Now, with this tax-exempt safe harbor, small stablecoin payments can be realized.

However, don't get the wrong idea, this discount is only applicable for "payment purposes" and does not apply to investment activities. Other cryptocurrencies such as Bitcoin and Ethereum are also excluded, and brokers and traders are not exempt. As for the stablecoins themselves, they must meet specific conditions - they need to be regulated products that are strictly pegged to the US dollar at a 1:1 ratio.

The recent tax reform actions reflect, to some extent, the gradual adjustment of the US regulatory attitude towards encryption payment scenarios. From previously strict regulation to now conditional easing, the potential of stablecoins in daily payments is being recognized.

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ETH3,75%

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PumpAnalyst

· 2025-12-25 13:21

Under $200 tax exemption? That's the signal the market makers want retail investors to take the bait. Don't be fooled. Stablecoin payment benefits are good, but the real profits always go to those institutions. We still need to look at the technicals. This wave of tax reform hype should lead to a drop. History shows it always happens this way. Be cautious when retail investors jump in. As long as large-scale tax exemption isn't possible, retail investors will always be the ones getting cut. What can you do with $200? US policies being friendly ≠ crypto prices rising. Don't be naive, my friend. This is a long-term positive, but in the short term, it might just be about dumping. Wait, this is the real risk control strategy! Relaxed conditions are much more reliable than mindless strict regulation. Feels like they're paving the way for USDC and USDT? Other stablecoins are probably doomed. I just want to know when this tax exemption safe harbor will truly be implemented. No matter how you spin it, it might just end up as empty talk. This is a true policy bottoming signal, but how big can the rebound be? It's worth paying attention to.

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WhaleMistaker

· 2025-12-23 16:49

Finally, someone understands, the tax exemption for small payments should have been implemented a long time ago. --- Tax exemption for amounts under $200? It still has to be stablecoins; BTC and Ether are still being treated differently. --- It's rare for the Republican and Democratic parties to work together, it seems like stablecoin payments are really about to take off. --- Wait, is it only payments that are tax-exempt? What if the USDC I hold appreciates, do I still have to pay taxes? --- The U.S. has finally recognized the value of stablecoins, although this move comes a bit late... --- After years of strict regulations, they've finally loosened up, but I'm afraid they'll change their minds again later. --- Only stablecoins that are pegged 1:1 to the dollar will work, can USDC pass the test?

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CryptoNomics

· 2025-12-22 13:51

ngl, if you run the correlation matrix on regulatory capture vs stablecoin adoption, the endogenous variables here are *chef's kiss* - only $200 under the exemption threshold tells me someone hasn't done their token velocity analysis properly

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zkProofInThePudding

· 2025-12-22 13:50

Finally! Coffee money no longer needs to be taxed, this is how it should really be.

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SpeakWithHatOn

· 2025-12-22 13:46

Finally, someone understands it. The tax exemption for small payments is amazing; no more struggles under $200. The spring of stablecoin payments may really be here, although the conditions are quite a lot. It's another bipartisan cooperation; it seems serious this time. Wait, only dollar-pegged stablecoins? What about the others? Are they still going to die? This policy is so friendly to small businesses; coffee can now be paid for with stablecoin. Oh my god, finally no need to calculate taxes for every micro transaction. Americans might really be entering the encryption payment era. The signal from this reform is very clear; stablecoins are about to be officially recognized.

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tx_or_didn't_happen

· 2025-12-22 13:23

Finally, someone is making a move. If the tax exemption under 200 dollars really comes to fruition, I can finally free up my coffee money. Finally, someone is thinking about how to cross the hurdle of stablecoin payments. The Americans really know how to get things done. Wait a minute, only stablecoins? What’s with excluding BTC and ETH? My dreams are shattered. Both the Republicans and Democrats are getting involved, which shows this time it’s serious, not just some superficial effort. The shift from strict regulation to more lenient oversight is indeed interesting, but don’t expect a complete deregulation. If this bill passes, the U.S. might really become a testing ground for crypto payments. Why is it only USDC that works? What about other stablecoins? Is this another monopoly game? The 200 dollar cap is a bit ridiculous. Do I have to split payments just to buy lunch?

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