Coinbase Tells US Treasury: Stablecoins Should Be Treated Like Cash, Not Debt

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Regulatory momentum for U.S. stablecoins is accelerating as calls grow to classify them as cash equivalents, a move seen as a game-changer for financial innovation, tax clarity, and America’s dominance in the digital payment ecosystem. Coinbase Pushes for Stablecoin Cash-Equivalent Classification Under GENIUS Act Regulatory discussions around stablecoin classification are intensifying as the U.S. Department […]