A French parliamentary committee has approved a package of crypto tax measures as part of the 2027 budget. It includes a tax on stablecoins and a so-called exit tax on crypto withdrawals. For those using USDT to pay for foreign services, this is a signal: the rules are changing, and it's worth understanding how to avoid losing money on fees and taxes.

What exactly was approved

The National Assembly committee backed two key measures:

  • Stablecoin tax — transactions with fiat-pegged tokens (primarily USDT and USDC) will be subject to taxation.
  • Exit tax — a tax on moving crypto out of the country or converting it to fiat when relocating.

The measures are not yet in force — they are part of the 2027 budget draft and must pass further readings. But the committee-level approval signals serious intent.

How this affects the average USDT user

If you hold USDT in a wallet or on an exchange and use it to pay for foreign subscriptions, shop in international stores, or send money abroad, the new rules could impact your costs. The specifics are still vague, but the direction is clear: French authorities want to tax stablecoin operations like traditional financial transactions.

In practice, this could mean:

  • Additional fees when converting USDT to euros or withdrawing to a bank account.
  • Reporting requirements for large stablecoin transfers.
  • Risk of double taxation if you pay taxes in another country.

What to do right now

Even if you're not a French resident, it's worth reviewing your USDT habits:

  • Choose the right network. TRC-20 offers minimal fees (usually 1–2 USDT), BEP-20 is slightly higher but faster. TON is the cheapest option for small amounts but not universally supported.
  • Keep USDT in a non-custodial wallet. This reduces the risk of funds being frozen on an exchange or payment service.
  • Separate your flows. If you pay for foreign services, keep a separate wallet for those transactions to avoid mixing with investment assets.
  • Watch network fees. Before transferring, check current rates — they fluctuate with blockchain congestion.
Important: The stablecoin tax in France is not yet finalized. But if you use USDT for regular payments, consider consulting a tax professional in your jurisdiction.

How this affects virtual card payments

Many VirtCardPay users top up their cards via USDT — it's a fast and low-cost method. If France introduces a stablecoin tax, the chain "USDT → virtual card → service payment" could become more expensive for those working with French banks or payment providers. However, for most users in other countries, the changes will go unnoticed — virtual cards issued in other jurisdictions will continue to work as usual.

Bottom line

France is moving toward stricter stablecoin regulation. For those using USDT to pay for foreign services, this is a reason to review transfer routes and choose networks with minimal fees. The rules aren't in force yet, but it's worth preparing — especially if you plan large transactions in 2027.

Disclaimer: This article is not financial or tax advice. Cryptocurrencies are subject to volatility and regulatory risks. Make decisions consciously.

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Sources

This material is for informational purposes only and is not financial advice. Data and service terms may change, so check primary sources before making a payment or investment decision. Mentions of third-party brands and services do not imply official partnership, support, or endorsement by VirtCardPay.
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