Wire · operational-macro
FASB sets 3 tests for stablecoins to qualify as cash
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Fusion42 · 19 August 2026 · Fusion42 review
The Financial Accounting Standards Board (FASB) has established three tests that stablecoins must meet to qualify as cash under accounting standards, aiming to provide clarity on their treatment in financial reporting.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must now design your stablecoin financial disclosures to comply with FASB’s three cash qualification tests if you operate in the US. Prepare finance and compliance teams for stricter audit scrutiny and clearer reporting demands.
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1 source · 19 Aug 2026
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