# US Accounting Board Proposes Letting Some Stablecoins Count as Cash Equivalents

The Financial Accounting Standards Board would require a stablecoin to meet conditions on redemption, reserves, and liquidity before a company could put it on the same balance-sheet line as bank deposits.

- Published: 2026-08-19T05:47:33.890Z
- Canonical: https://polylog.news/crypto/2026-08-19/us-accounting-board-proposes-letting-some-stablecoins-count
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/08/18/u-s-accounting-standards-group-proposes-way-to-see-stablecoins-as-cash-equivalent), [crypto.news](https://crypto.news/fasb-sets-3-tests-for-stablecoins-to-qualify-as-cash/)

The Financial Accounting Standards Board (FASB), which sets US generally accepted accounting principles, proposed that certain stablecoins should be treated as cash equivalents on corporate balance sheets. crypto.news reports the board set…

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