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Stablecoins Are Booming, But What Are The Tax Consequences?
・3 min read・Crypto

Stablecoins Are Booming, But What Are The Tax Consequences?

This post was originally posted on Forbes [https://www.forbes.com/sites/shehanchandrasekera/2020/04/23/stablecoins-are-booming-but-what-are-the-tax-consequences/#40ac2c91b04d] by Shehan Chandrasekera on April 23rd, 2020 Under the radar, stablecoins have experienced hypergrowth over the past few years. Coinbase reports that the total stablecoin market capitalization has risen to an all-time-high [https://blog.coinbase.com/flight-to-stablecoins-in-2020-dff5f11118d6] of over $9 billion. On-chain

Shehan Chandrasekera, CPA

・3 min read・Crypto

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