Getting Paid in Stablecoins – how do you guys handle this?

FintechLee · 2025-09-08T03:21:37+00:00

I might get my next contract paid in USDT or USDC instead of bank transfer. Honestly, I’m not sure how this works in real life.Do you just send an invoice in stablecoins? Or keep it in USD/INR and then ask them to pay in crypto?What about the “stable” part—do you add a small buffer for fees or price swings?And taxes… big question. Do you report it as the value on the day you got it, or when you convert it to local currency?Feels exciting to get paid this way but also a bit risky. Anyone here already doing this? Would love to know how you manage contracts, taxes, and not getting stuck later.

Getting Paid in Stablecoins – how do you guys handle this?

FintechLee
@FintechLee

Updated: Sep 9, 2025

Views: 64
I might get my next contract paid in USDT or USDC instead of bank transfer. Honestly, I’m not sure how this works in real life.
- Do you just send an invoice in stablecoins? Or keep it in USD/INR and then ask them to pay in crypto?
- What about the “stable” part—do you add a small buffer for fees or price swings?
- And taxes… big question. Do you report it as the value on the day you got it, or when you convert it to local currency?
Feels exciting to get paid this way but also a bit risky. Anyone here already doing this? Would love to know how you manage contracts, taxes, and not getting stuck later.
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Abdil Hamid

@ForensicBlockSmith • 4d

Good question 👍 this is a very common question for professionals who are offered in stablecoins. To give you more accurate inputs, could you share which country you’re based in? Tax rules and reporting can vary a lot depending on where you file meaning what works in the US or EU might be very different from India or elsewhere.

That will help others here share more relevant experiences with invoicing and taxes.

FintechLee

@FintechLee • 3d

I am in India and want to understand how to deal with taxation part.

Abdil Hamid

@ForensicBlockSmith • 3d

I’ve been getting paid partly in USDC for the last few months, so here’s how it usually plays out for me:

I still raise the invoice in USD so there’s no confusion. The client sends me the equivalent in USDC. I note down the dollar value on the day I receive it, since that’s what matters for taxes where I live (India).

About the “stable” part yeah, they’re stable but not 100%. Gas fees or a small fluctuations can get into losses, so I usually ask the client to cover the fee or I just live with losing a couple of dollars.

On the risk side, one thing I learned the hard way is never assume “we’ll pay in tokens later” means stablecoins. Always get it in writing whether they’ll pay in USDT/USDC or their own token. I now cash out to INR pretty quickly, because tax-wise it’s simpler and I don’t want to get stuck with funds I can’t use.

So short version: invoice in fiat, get paid in stables, track the value the day it lands in your wallet, and cash out when you need.