Bitcoin and Crypto Talk (Merged)(includes NFT)

which crypto do you trust for sending large sums of money abroad? If it can be trusted, I don't mind a slightly higher percent for an exchange (we want to cash it out fast and easy) but we are looking for low volatility to transfer between family members. How do these transfers affect taxes. The money will ultimately end up back with the sender when they come to this country.
I'd think you want to look into USDC type coin pegged to the dollar value.

There might be tax implications and moving 6 figures abroad would probably raise some suspicion.

https://support.zenledger.io/en/articles/3865129-how-do-i-report-stablecoin-buys-sells-and-trades