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US Accounting Standards Board FASB proposes conditions for stablecoins to be considered cash equivalents
2026-08-19 12:41:48
According to CoinMeta, the Financial Accounting Standards Board (FASB) has proposed conditions for considering stablecoins as cash equivalents. It is stated that liquidity in the secondary market alone is not sufficient to meet these requirements; holders need direct redemption rights from the issuers and a one-to-one reserve of liquidity.
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Source：Internet
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