Crypto’s accounting glow-up
The Financial Accounting Standards Board is reportedly asking companies to spell out their stablecoin holdings. In plain English: no more hiding crypto cash equivalents in the accounting equivalent of a junk drawer.
Why this matters
Stablecoins are supposed to be the boring part of crypto — the stuff pegged to dollars, used for payments, transfers, and treasury management. But boring doesn’t mean invisible. If FASB gets its way, companies may have to show how much they’re holding and where that exposure sits.
What investors should watch
That could matter in a few ways:
- Companies with big digital-asset treasuries may get more scrutiny.
- Finance teams could get clearer rules around how they report liquidity.
- Investors may finally have a better read on who’s actually dabbling in stablecoins versus who’s just talking a big game.
Big picture: when accounting rulemakers start shining a flashlight on a new asset class, it’s usually a sign that the asset has grown up enough to get regulated like the rest of the adults in the room.