A new record from Stripe-backed blockchain Tempo suggests that a proposed US accountancy adjustment could get rid of a major obstacle to corporate stablecoin adoption by allowing certifying tokens to be identified as cash equivalents on business balance sheets.
The record examines an Audit Standards Update the Financial Audit Specification Board (FASB) suggested in August that could make stablecoins much more useful for corporate treasury procedures. Under existing accountancy practices, stablecoin holdings may not count towards a firm’s reported money books, impacting liquidity ratios and finance agreements even when the tokens are totally backed by bucks.
The proposed change could let companies use stablecoins for settlements and negotiations without those accounting difficulties.
According to Pace, the FASB proposition would certainly need companies to have direct redemption rights with stablecoin companies. For instance, getting USDC via an exchange would certainly not always allow a company categorize those tokens as cash matchings.
Tempo cites Coinbase, which categorized USDC and other payment stablecoins as money equivalents in its 2025 annual record, supported by its redemption setup with Circle.
“Your contract with the issuer is what certifies, and the token alone does not get you there,” Tempo claimed
The FASB proposition continues to be open for public remark till Nov. 19 The board will review the comments prior to completing the accounting adjustments and setting an efficient date.
Connected: Crypto’s billions are back, however the premiums aren’t
Stablecoin guideline forms in the US
The FASB proposal complies with the passage of the GENIUS Act in July 2025, which developed the first thorough government regulatory framework for settlement stablecoins in the United States. The law is set up to work in January 2027, or 120 days after federal regulatory authorities wrap up implementing regulations, whichever comes first.
While the wizard Act develops demands for stablecoin providers, consisting of get backing and redemption obligations, the FASB proposal addresses exactly how firms represent stablecoins they hold.
The developments come as the market for US dollar-backed stablecoins has actually exceeded $ 300 billion, according to DefiLlama information. The Trump management is also apparently discovering means to advertise dollar-backed stablecoins overseas, possibly enhancing the United States buck’s role as the leading reserve currency
According to Bloomberg, the management is considering partnerships with exclusive firms to create stablecoin projects overseas, potentially involving the Treasury Department, State Department and US International Development Finance Company (DFC).
Associated: United States Treasury recommends brilliant Act regulations targeting illicit money
