SEC Guidance Permits Corporate Use of Fully Backed USD Stablecoins as Cash Equivalents
The U.S. Securities and Exchange Commission (SEC) has issued interim regulatory guidance approving the classification of certain stablecoins as cash equivalents on corporate balance sheets. This permits U.S. dollar-pegged stablecoins maintained with a strict 1:1 peg and full cash or… Read More »SEC Guidance Permits Corporate Use of Fully Backed USD Stablecoins as Cash Equivalents