FASB Proposes Requiring Companies to Disclose Stablecoin Holdings

Stablecoins are typically pegged to fiat currencies such as the U.S. dollar, and companies may classify some of the tokens as cash equivalents, but accounting practices remain inconsistent. The U.S. Financial Accounting Standards Board is seeking to standardize disclosures so investors can better assess companies' allocation of funds and regulatory risks. The proposal would not set a uniform monetary threshold, leaving companies to determine materiality.

FASB voted 5–2 on April 15, 2026, to tentatively require all companies to disclose annually the material categories and U.S. dollar amounts of cash equivalents on their balance sheets, including stablecoins, money market funds and U.S. Treasury bills. The board also voted 7–0 to direct staff to draft a proposed accounting standards update, with a 90-day public comment period.