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ASB Proposal Could Boost Corporate Stablecoin Adoption

A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash.

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FASB's proposal allows for the classification of qualified stablecoins as cash equivalent. The comment period is open until November 19th, and the effective date has not yet been determined.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Monday, October 12, 2026.
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