The Freelance Payment Problem
International wire transfers cost $15–$50 per transaction and take 3–5 business days. PayPal charges 4.4% + fixed fee and holds funds. USDT on BSC settles in 3 seconds for under $0.60 in fees.
Setting Up as a Freelancer
- Create a Paychainly merchant account (free).
- Link a MetaMask or hardware wallet as your master address.
- Generate an API key and connect your preferred invoicing tool.
Creating an Invoice
POST /api/v1/payment-links
{
"amount": "1500.00",
"description": "Website redesign — May 2025",
"customerEmail": "client@company.com",
"metadata": { "projectId": "PROJ-042", "invoiceNumber": "INV-2025-042" }
}Share the returned payUrl with your client. They pay USDT; you receive net USDT in your master wallet within seconds.
Converting to Fiat
Transfer USDT to Binance, Kraken, or Coinbase and sell for your local currency. Most exchanges process USDT withdrawals to your bank account within 1 business day.
Tax Considerations
USDT payments are taxable income in most jurisdictions. The on-chain record provides an immutable, timestamped receipt. Export your transaction history from the Paychainly dashboard for your accountant.
Currency Risk
USDT is pegged to USD. If you are based in a country with a strong local currency, consider converting to fiat quickly to avoid any minor de-peg risk. Historically, USDT has maintained its peg, but no stablecoin is entirely risk-free.