SEC to allow some stablecoins to be treated as cash rewards star-news.press/wp

The US Securities and Exchange Committee has issued temporary instructions that allow the treatment of some supported by US dollar stablecoins as cash rewards in corporate budgets.

It was reported on August 5 by Bloomberg Tax, guidance It is part of a broader initiative led by SEC Paul Attins President to update the organization of encrypted currency. The qualified stableoins should meet strict criteria such as full support by money or treasury bills, fixed 1: 1 connection to the US dollar, and a guaranteed right to redemption.

These conditions make the distinctive symbols similar in the risk profile to the equivalent of traditional criticism. This policy excludes the algorithm, or the bodies that carry the return, or any assets that are not related to the US dollar.

A step towards institutional access and organizational clarity

The procedure is seen as the opposite of the most bound previous SEC policies. It seeks to eliminate one of the main accounting obstacles that prevented traditional financial institutions from participating. The appointment of qualified Stablecoins may improve the transparency of corporate reporting and simplifying how to manage companies with exposure to encryption their books.

The guidance is in line with changes in public policy, such as the Genius Law, which President Trump has signed in the law in July. The law requires reserve requirements and public reviews, and formally recognize the organizational stability as a new financial tool that is not safe or commodity. Companies like Circle (USDC) and Tether (USDT) have a clearer regulatory path thanks to the law and SEC directions.

However, questions about the future treatment of the most complex or international Stablecooin models remain. Some analysts warn that the dangers of redemption, gaps of transparency, and illegal use are still unleashed.

The Securities and Stock Exchange Authority acknowledged that the guidance is temporary and said that more rules are likely to be part of the ongoing “project encoded” initiative, which aims to clarify the classification of digital assets and improve the standards of disclosure.

Although the full rule has not changed, guidance is seen as a useful step towards official recognition of digital dollar in US financial reports.