For Canadian freelancers, contractors & agencies
Get paid in USDC by clients anywhere. File in Canada without the spreadsheet.
Send a USDC invoice, get paid straight to your own wallet, and let Mintare keep the Canadian books: CAD value at the Bank of Canada rate, your adjusted cost base, GST/HST zero-rating for foreign clients, and exports for your accountant.
Why Canadian freelancers take USDC
If you work for a US startup, a European agency or a crypto company, getting paid can be slow and expensive: international wires with intermediary fees, PayPal's currency conversion, or platforms that hold your money for days. USDC is a digital US dollar. A client can send it from anywhere and it lands in your wallet in seconds, with a network fee of a fraction of a cent on Solana.
The catch is the paperwork. For Canadian tax, every USDC payment is income valued in Canadian dollars on the day you receive it, and every conversion to CAD is a disposition with its own gain or loss. Do that by hand for a year of invoices and it becomes a weekend of spreadsheets. Mintare does it as you go.
What Mintare does for you
- Professional USDC invoices. Line items, due dates, your GST/HST number, a PDF, and a pay page with a Solana Pay QR code. Email it to your client from Mintare, with automatic reminders if it's late.
- Payments go to your wallet, not ours. Mintare is non-custodial: it never holds your funds or keys. It watches the public blockchain and marks the invoice paid when the money arrives.
- CAD value at receipt. Each payment is valued with the Bank of Canada's daily USD/CAD rate, and the rate and its date are stored with the record.
- Adjusted cost base, done right. Your USDC is pooled at weighted-average cost, the way Canadian tax rules treat identical property. When you convert to CAD, Mintare works out the gain or loss.
- Kraken import. Connect a read-only Kraken key and your USDC to CAD conversions appear in your books automatically.
- GST/HST that understands exports. Zero-rating for non-resident clients with the evidence stored per client, and the right provincial rate for Canadian clients.
- Exports for your accountant. A full ledger CSV, a QuickBooks import file, and a year summary with T2125 business income and GST/HST figures by quarter.
A worked example
Say you're a developer in Ontario. A US client pays your 4,000 USDC invoice on a day the Bank of Canada rate is 1.3800. A few weeks later you convert the USDC to CAD on Kraken.
| Payment received | 4,000 USDC |
| Business income (4,000 × 1.3800) | $5,520.00 |
| Cost base of that USDC | $5,520.00 |
| CAD received when you convert, after fees | $5,566.00 |
| Gain on conversion | $46.00 |
The $5,520 is business income on your T2125. The $46 is a separate gain from the dollar moving while you held the USDC. Mintare records both and keeps the rate, the transaction and the invoice together, which is exactly what CRA asks you to keep. The full rules are in how USDC income is taxed in Canada.
Who it's for
- Developers, designers and writers working for US or international companies.
- Contractors paid by crypto companies and DAOs that already pay in USDC.
- Small agencies that want one place for client invoices and CAD books.
Mintare is built for people who file Canadian taxes. It currently supports USDC on Solana. Your clients can be anywhere.
Send your first USDC invoice today
Free during the beta. Your clients pay your wallet directly; Mintare keeps the CAD books.
Questions
Can I invoice clients outside Canada?
Yes. Most Mintare users bill clients in the US, Europe and elsewhere. Your clients pay in USDC from any Solana wallet; they don't need a Mintare account. Mintare zero-rates GST/HST for non-resident clients when you record the evidence.
Is getting paid in USDC taxable in Canada?
Yes. A payment for your work is business income, valued in Canadian dollars when you receive it. Converting the USDC to CAD later is a separate disposition with its own small gain or loss. Mintare records both.
Which exchange should I use to convert to CAD?
Any registered Canadian platform you trust. Mintare can import your USDC to CAD conversions from Kraken with a read-only key; other platforms can be recorded by hand.
What does it cost?
Mintare is free during the beta. There's no percentage of your payments: clients pay you directly, and the only network fee is a fraction of a cent on Solana.
Do I need to be registered for GST/HST?
Only once your worldwide taxable sales, including zero-rated exports, pass $30,000 over four consecutive calendar quarters (or in a single quarter). Mintare handles both cases: no tax line when you're a small supplier, the right rate or zero-rating once you're registered.