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[The Financial Accounting Standards Board Plans to Study Whether Certain Stablecoins Qualify as Cash Equivalents in 2026] The Financial Accounting Standards Board (FASB) plans to explore in 2026 whether certain stablecoins meet the qualifications for 'cash equivalents' and to study the accounting treatment of crypto asset transfers, including Wrapped Tokens. FASB Chairman Rich Jones stated that the agency has already added relevant crypto projects to its agenda. In 2023, FASB required companies to adopt fair value accounting treatment for crypto assets such as Ethereum and Bitcoin, but excluded NFTs and certain stablecoins at the time.