SEC Eases Rules for Stablecoins—What It Means

Reading Time: < 1 minute

The SEC just updated its accounting guidance for USD stablecoins, hinting they might soon be treated like cash.

According to Bloomberg, stablecoins with solid redemption guarantees and stable value could get the cash equivalent label.

This isn’t just a small tweak—it’s part of SEC Chair Paul Atkins’ broader mission to loosen crypto restrictions.

Remember April’s clarification that some stablecoins aren’t securities? Now, the agency is doubling down with Project Crypto, a push to bring traditional finance on-chain.

Analysts at Bernstein say this could be a game-changer, putting the US ahead in the global crypto race.