Regulation· ★★★· bullish·

US accounting overhaul could make stablecoins more attractive to corporations: Tempo

  • —Proposed US accounting rules would determine which stablecoins corporations can book as cash equivalents
  • —Direct redemption rights at the issuer are the key qualifying criterion
  • —Tempo's report assesses the impact on corporate treasuries
Why it matters: If stablecoins qualify as cash equivalents, corporates could hold them without mark-to-market volatility, boosting demand.
Source: Cointelegraph
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