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U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'

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U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'

The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.

U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'


Source:CoinDesk

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Sourcehttps://www.coindesk.com/policy/2026/08/18/u-s-accounting-standards-group-proposes-way-to-see-stablecoins-as-cash-equivalent