The AICPA has released new comprehensive guidance on stablecoin reporting, providing a structured framework for issuers to disclose information about their digital assets.

The document, 2025 Criteria for Stablecoin Reporting: Specific to Asset-Backed Fiat-Pegged Tokens, outlines how issuers should present and report on the reserves backing stable coins to ensure transparency and consistency in the industry.  

“This is the first available framework for stable coin issuers to report on stable coins,” said Ami Beers, senior director of assurance and advisory innovation at AICPA & CIMA. The AICPA expect these criteria to enhance transparency and provide accountants with a standardized approach to attestation services related to stablecoins.  

Stablecoins are digital assets designed to maintain a stable value by being pegged to traditional financial assets such as fiat currency, precious metals or other cryptocurrencies. The AICPA’s new framework aims to boost trust in these digital tokens by establishing reporting standards that ensure issuers provide clear and reliable information on the assets backing them.  

According to Accounting Today, this guidance arrives at a time when the Trump administration has adopted a more favorable stance toward cryptocurrency, including plans to establish a crypto reserve and a task force at the Securities Exchange Commission to oversee digital assets.  

As part of its ongoing efforts, the AICPA Assurance Services Executive Committee is set to release additional criteria next month focused on controls supporting token operations. These will address governance and security aspects related to stable coins, ultimately being incorporated into the 2025 reporting criteria once finalized.