Stablecoins

U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'

CoinDesk3h agoUpdated 2h ago
U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'
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The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.

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