US accounting overhaul could make stablecoins more attractive to corporations: Tempo
Summary
Proposed accounting changes in the United States might increase the appeal of stablecoins for corporate treasuries. A report from Tempo explains that tokens featuring direct redemption rights will be classified as cash under the new guidelines.
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify as cash.
Source: Read the full story at Cointelegraph.com News
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