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Will we have to pay income tax after the stable coin has been settled without a payment to the FIAT currency?

Will we have to pay income tax after the stable coin has been settled without a payment to the FIAT currency?

Will we have to pay income tax after the stable coin has been settled without a payment to the FIAT currency?

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"If stable coins are regulated and there is no possibility of withdrawal in FIAT currency, there will still be a tax liability. Income tax usually applies to income obtained in the form of cryptocurrencies, so stable coins will not be an exception."
"If stable coins are regulated and there is no possibility of withdrawal in FIAT currency, there will still be a tax liability. Income tax usually applies to income obtained in the form of cryptocurrencies, so stable coins will not be an exception."

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