Ecuador
Taxed as independent economic-activity income on the progressive 0-37% scale, after deducting allowable expenses. Because Ecuador uses the US dollar, USDC converts ~1:1 and is ordinary income on receipt; IESS social contributions may apply.
Income from independent professional/economic activity - self-employment/business income, NOT capital gains. Ecuador taxes residents on worldwide income.
Progressive 0-37% on net income after deductible expenses; 0% band up to ~USD 12,081, top 37% above ~USD 108,810 (2025).
IESS contributions for the self-employed ~17.5-20.5% of a declared base; not automatically withheld by a foreign firm.
Annual income-tax return filed in March with the SRI; the RIMPE simplified regime may apply for small independents under turnover thresholds.
Crypto is not legal tender; USDC payouts valued in USD (Ecuador is USD-based) at receipt and included as ordinary taxable income.