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.
- Source
- Cointelegraph
- Published
- 2026-08-19 03:58 UTC
- Cache updated
- 2026-08-19 04:18 UTC
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