Crypto Payments Could Finally Go Mainstream Under New Tax Proposal

[cryptoenthusiast]

One of the most consumer-friendly elements of the Digital Asset PARITY Act is its $200 de minimis exemption for stablecoin payments. If passed, everyday transactions using compliant dollar-pegged stablecoins would no longer trigger capital gains taxes.

That means no more tracking gains just to buy lunch or send money to a friend. The exemption applies only to stablecoins issued under the GENIUS Act, with guardrails to prevent abuse and excessive volatility.

The bill also tightens rules around crypto-based charitable donations to curb valuation manipulation, signaling a broader push to normalize crypto payments while closing avenues for tax avoidance.