US accounting board FASB proposes conditions for stablecoins as cash equivalents

August 19, 2026
US accounting board FASB proposes conditions for stablecoins as cash equivalents

US accounting board FASB proposes conditions for stablecoins as cash equivalents

The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.

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US accounting board FASB proposes conditions for stablecoins as cash equivalents

US accounting board FASB proposes conditions for stablecoins as cash equivalents

August 19, 2026
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