Although that seems like a lot, most crypto will be thought-about an indefinite-lived asset, which suggests it should be tested yearly for impairment, and more often if events point out it is “more likely than not” impaired. With the volatility of crypto, these events could usually occur throughout the year, probably leading to an impairment loss that most certainly would affect your surplus or add to your deficit.
Are all stablecoins pegged to a nationwide currency?Much like how the US dollar serves as a reserve foreign money for countries world wide, the most popular stablecoins are presently pegged to the US dollar. A single unit of tether, USD coin or binance USD is each price roughly $1.
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