US GAAP Stablecoin Classification
Accounting standards under U.S. Generally Accepted Accounting Principles treating certain USD-pegged stablecoins as cash equivalents.
What is US GAAP Stablecoin Classification?
Under US GAAP, fiat-backed stablecoins pegged to USD can be classified as cash equivalents if they meet criteria for liquidity and stability, as clarified in SEC guidance in August 2025. FASB’s ASU 2023-08, effective 2025, requires fair value measurement for crypto assets, but stablecoins under GENIUS Act may qualify as financial assets with reserve attestations. AICPA’s 2025 Criteria for Stablecoin Reporting provide voluntary disclosure standards, aligning with IFRS for cash-like treatment.
Related Terms
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Meme on Solana
Humorous digital assets on the Solana blockchain, often inspired by internet memes, leveraging low fees and high speed for rapid launches and trading.
MAS Stablecoin Framework (Singapore)
Singapore's regulatory framework by the Monetary Authority of Singapore for single-currency stablecoins pegged to SGD or G10 currencies, emphasizing value stability and consumer protection.
Liquidation (Perp Dex)
The forced closure of a leveraged position when margin falls below the required level.
Margin Trading
A trading strategy in digital assets where investors borrow funds to amplify position sizes, increasing potential profits and losses through leverage ratios like 2x or 5x.
Multi-Hop Swap
A DEX trade that routes through multiple liquidity pools or token pairs to achieve the desired swap, optimizing price and reducing slippage.