**[1% Remittance Tax Imposed on Certain Cross-Border Transfers in the U.S.]** Odaily Planet Daily News: On January 1, 2026, local time, the United States officially implemented new tax measures targeting certain cross-border remittances. According to regulations from the U.S. Department of the Treasury and the Internal Revenue Service (IRS), starting January 1, 2026, remittance service providers are required to collect a 1% tax on qualifying remittance transactions and report and pay the tax as stipulated. The regulations specify that when remitters use cash or similar "physical payment instruments" (including money orders, cashier's checks, etc.) as the source of funds for cross-border remittances, the tax will apply. However, transactions funded through U.S. bank account transfers or using debit cards, credit cards, and similar methods are generally exempt from taxation. This measure is part of the "Big and Beautiful" tax and spending bill promoted by the Trump administration. According to IRS regulations, the tax applies to overseas remitters, including U.S. citizens and residents. Professional tax analysts have noted that "cryptocurrency and stablecoin transfers are not considered taxable remittance transfers." In other words, stablecoins are not classified as "physical payment instruments" subject to this tax, though the actual situation remains uncertain.