U.S. Financial Accounting Standards Board explores eligibility of stablecoins as cash equivalents in 2026

2025-12-31 08:48:11

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【Crypto Push】The Financial Accounting Standards Board (FASB) is advancing an important regulatory topic concerning crypto assets. According to the Wall Street Journal, FASB plans to start in 2026 to explore whether certain stablecoins can be classified as “cash equivalents,” while also studying the accounting treatment for crypto asset transfers (including Wrapped Tokens).

The background of this initiative is noteworthy— the Trump administration is actively promoting crypto policies, and the Genius Act is also being pushed forward, creating favorable conditions for the improvement of related regulatory frameworks.

FASB Chairman Rich Jones has confirmed that these crypto-related projects have been included in the board’s agenda. Notably, in 2023, FASB requested companies to adopt fair value accounting for crypto assets like Ethereum and Bitcoin, but at that time, the rules excluded NFTs and certain stablecoins. This new exploration indicates that FASB is gradually expanding the scope of standardized treatment for crypto assets in corporate financial statements.

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GasFeeCrier

· 12h ago

Moving only in 2026, this pace is a bit slow... But if stablecoins become cash equivalents, wouldn't that mean they are truly compliant?

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ETHReserveBank

· 12h ago

Action only in 2026, this pace is a bit slow... But if stablecoins can truly be incorporated into the cash equivalent framework, it would still be a positive development for the entire industry.

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HallucinationGrower

· 12h ago

Will it only move in 2026? Stablecoins are almost a necessity for trading now, isn't this pace too slow?

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StealthDeployer

· 12h ago

Let's talk about 2026 later. For now, let's use stablecoins to harvest the leeks.

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LiquidationWatcher

· 12h ago

Do stablecoins need to become cash equivalents? They won't take action until 2026, this pace is really stable... Wait, does this mean that the USDC, USDT currently held still have to be held for another two years before they can be officially recognized?

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