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

by Simon Crypto Team
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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 […]

Tags: CashCoinbaseDebtStablecoinsTellsTreasuryTreated
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bitcoin
Bitcoin (BTC) $ 78,861.00
ethereum
Ethereum (ETH) $ 2,492.24
tether
Tether (USDT) $ 0.999852
xrp
XRP (XRP) $ 1.41
bnb
BNB (BNB) $ 705.83
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999911