“How can we get foundations to onshore to the US?” Under current corporate tax policy - and currently discussed tax changes - it is not possible. Currently, every token transfer in the USA is considered a transfer of (appreciated) property. Because foundations typically have ~$0 cost basis on their tokens, every transfer of tokens thus incurs corporate tax, which practically means a 25% tax on every transaction - not to mention an administrative nightmare. No one can afford to pay $125 every time they spend $100. De minimus doesn’t address this because $600 doesn’t pay for much in a corporate context. Foundations today sit in Cayman where corporate tax is 0%. Spend $100 in your token, actually spend $100. An older gen of foundations sit in Switzerland, where tax rulings make it such that if you spend $100 in your token, you end up paying about $1 in taxes during your annual filing.