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List of Flash News about remittance tax

Time Details
2025-05-17
08:10
Stablecoin Adoption Set to Surge as 5% Remittance Tax Hits Non-USA Citizens – Crypto Market Impact Analysis

According to GoChapaa Official, the upcoming 5% tax on remittances for non-USA citizens is expected to significantly boost stablecoin adoption, as users seek cost-effective alternatives for cross-border payments (source: @GoChapaa, May 17, 2025). This development is likely to drive increased trading volumes and liquidity in major stablecoins like USDT and USDC, impacting both centralized and decentralized exchanges. Crypto traders should monitor stablecoin inflows and related token price action, as this policy change may create new arbitrage and hedging opportunities within the cryptocurrency market.

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