FASB will re-examine the status of stablecoins in 2026, bringing new changes to cryptocurrency asset accounting standards

2025-12-31 08:46:10

【BlockBeats】There is an important announcement on December 31—The U.S. Financial Accounting Standards Board (FASB) plans to explore next year whether stablecoins can be classified as “cash equivalents.” This sounds very technical, but it actually has a significant impact.

In addition to stablecoins, FASB also plans to clarify how to account for crypto asset transfers, including Wrapped Tokens. FASB Chairman Rich Jones has already added these items to the agenda. Behind this move are the background of the Trump administration’s pro-cryptocurrency policies and the support from the passage of the GENIUS Act.

Speaking of which, in 2023, FASB already required companies to use fair value accounting for crypto assets like Bitcoin and Ethereum. However, that rule had a limitation—NFTs and certain stablecoins were excluded. This new exploration, to some extent, aims to fill that gap and make the entire accounting framework for crypto assets more complete.

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AltcoinMarathoner

· 3h ago

just like mile 20 of a marathon, regulatory clarity is just another wall we push through—finish line's still bitcoin adoption. tbh these accounting rule updates? they're the unsexy infrastructure that actually matters for institutional flows long-term.

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ColdWalletAnxiety

· 4h ago

Do stablecoins need to become cash equivalents? This might force traditional finance to change its tune. But then again, will FASB really help NFTs turn things around? It's a bit uncertain.

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DegenDreamer

· 2025-12-31 09:16

Can stablecoins be classified as cash equivalents? If that really happens, traditional finance will have a hard time, haha.

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RugPullSurvivor

· 2025-12-31 09:08

Haha, finally someone is taking stablecoins seriously, but this thing won't move until 2026. The pace is really... wait a minute. The Trump administration's recent moves are somewhat interesting, but whether the friendly policies on paper can actually be implemented is uncertain. I was quite speechless when NFTs were excluded last time. Can they make up for it this time?

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GateUser-9ad11037

· 2025-12-31 09:06

Are stablecoins about to be used as cash? Traditional finance must be getting nervous now. This move towards compliance is really brilliant.

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DevChive

· 2025-12-31 09:05

Do stablecoins need to become cash equivalents? Then in the future, corporate holdings can also be included in financial reports. Now institutions really have to take cryptocurrencies seriously.

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DataBartender

· 2025-12-31 08:58

Are stablecoins moving into cash equivalents? Then the status of USDT is about to change, we'll see what happens in 2026.

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quietly_staking

· 2025-12-31 08:49

Wait, are stablecoins going to become "cash equivalents"? Traditional finance really can't sit still now, haha. Really? Is Rich Jones giving the green light for the crypto world? They won't take action until 2026, how long do we have to wait... But Trump's rise to power indeed changed a lot of things. NFTs and stablecoins were kicked out before, now they're being reconsidered—it's ridiculous. With the change in accounting standards, institutional holdings become even more legitimate. By the way, could this be just another hype? Let's wait and see.

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