{"id":19228,"date":"2026-04-20T11:48:14","date_gmt":"2026-04-20T07:18:14","guid":{"rendered":"https:\/\/sarmayex.com\/college\/?p=19228"},"modified":"2026-04-20T12:20:01","modified_gmt":"2026-04-20T07:50:01","slug":"stablecoins-not-a-threat-to-banking-sector-short-term","status":"publish","type":"post","link":"https:\/\/sarmayex.com\/college\/news\/stablecoins-not-a-threat-to-banking-sector-short-term\/","title":{"rendered":"\u062a\u062d\u0644\u06cc\u0644\u06af\u0631 \u0634\u0631\u06a9\u062a \u0645\u0648\u062f\u06cc\u0632:\u200c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0641\u0639\u0644\u0627\u064b \u062a\u0647\u062f\u06cc\u062f\u06cc \u0628\u0631\u0627\u06cc \u0628\u0627\u0646\u06a9\u200c\u0647\u0627 \u0646\u06cc\u0633\u062a\u0646\u062f"},"content":{"rendered":"\n<p>\u06cc\u06a9 \u062a\u062d\u0644\u06cc\u0644\u06af\u0631 \u0627\u0632 \u0634\u0631\u06a9\u062a \u062e\u062f\u0645\u0627\u062a \u0645\u0627\u0644\u06cc \u0622\u0645\u0631\u06cc\u06a9\u0627\u06cc\u06cc \u0645\u0648\u062f\u06cc\u0632 \u0627\u06cc\u0646\u0648\u0633\u062a\u0648\u0631\u0632 \u0633\u0631\u0648\u06cc\u0633 (Moody&#8217;s Investors Service) \u0628\u0631 \u0627\u06cc\u0646 \u0628\u0627\u0648\u0631 \u0627\u0633\u062a \u06a9\u0647 \u0647\u0645 \u0627\u06a9\u0646\u0648\u0646 \u062a\u0623\u062b\u06cc\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0628\u0631 \u0635\u0646\u0639\u062a \u0628\u0627\u0646\u06a9\u062f\u0627\u0631\u06cc \u0645\u062d\u062f\u0648\u062f \u0627\u0633\u062a. \u0628\u0627\u0627\u06cc\u0646\u200c\u062d\u0627\u0644\u060c \u0627\u06af\u0631 \u0627\u06cc\u0646 \u062d\u0648\u0632\u0647 \u0628\u0647 \u0631\u0634\u062f \u062e\u0648\u062f \u0627\u062f\u0627\u0645\u0647 \u062f\u0647\u062f\u060c \u0628\u0627\u0646\u06a9\u200c\u0647\u0627 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0628\u0627 \u0631\u0642\u0627\u0628\u062a \u0628\u06cc\u0634\u062a\u0631\u06cc \u0645\u0648\u0627\u062c\u0647 \u0634\u062f\u0647 \u0648 \u0628\u062e\u0634\u06cc \u0627\u0632 \u0633\u0647\u0645 \u0628\u0627\u0632\u0627\u0631 \u062e\u0648\u062f \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u062f\u0647\u0646\u062f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\u0628\u0631\u0631\u0633\u06cc-\u0646\u0642\u0634-\u0627\u0633\u062a\u06cc\u0628\u0644-\u06a9\u0648\u06cc\u0646-\u0647\u0627\">\u0628\u0631\u0631\u0633\u06cc \u0646\u0642\u0634 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627<\/h2>\n\n\n\n<p>\u0627\u0628\u0647\u06cc \u0633\u0631\u06cc\u0648\u0627\u0633\u062a\u0627\u0648\u0627 (Abhi Srivastava)\u060c \u0645\u0639\u0627\u0648\u0646 \u0628\u062e\u0634 \u0627\u0642\u062a\u0635\u0627\u062f \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u062f\u0631 \u0634\u0631\u06a9\u062a \u0645\u0648\u062f\u06cc\u0632\u060c \u062f\u0631 \u06af\u0641\u062a\u06af\u0648\u06cc \u062c\u062f\u06cc\u062f \u062e\u0648\u062f \u0628\u0627 \u0631\u0633\u0627\u0646\u0647 \u06a9\u0648\u06cc\u0646 \u062a\u0644\u06af\u0631\u0627\u0641 (Cointelegraph) \u0628\u0647 \u0628\u0631\u0631\u0633\u06cc \u062c\u0627\u06cc\u06af\u0627\u0647 <a href=\"https:\/\/sarmayex.com\/college\/learn\/stablecoin\/\" type=\"post\" id=\"15924\" target=\"_blank\" rel=\"noreferrer noopener\">\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627<\/a> \u0648 \u0631\u0642\u0627\u0628\u062a \u0622\u0646\u0647\u0627 \u0628\u0627 \u0633\u06cc\u0633\u062a\u0645 \u0628\u0627\u0646\u06a9\u062f\u0627\u0631\u06cc \u0633\u0646\u062a\u06cc \u067e\u0631\u062f\u0627\u062e\u062a\u0647 \u0627\u0633\u062a. \u0628\u0647 \u06af\u0641\u062a\u0647 \u0633\u0631\u06cc\u0648\u0627\u0633\u062a\u0627\u0648\u0627\u060c \u0628\u0627\u0648\u062c\u0648\u062f\u0627\u06cc\u0646\u06a9\u0647 \u0627\u0631\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u062a\u0627 \u067e\u0627\u06cc\u0627\u0646 \u0633\u0627\u0644 \u06af\u0630\u0634\u062a\u0647 \u0627\u0632 \u06f3\u06f0\u06f0 \u0645\u06cc\u0644\u06cc\u0627\u0631\u062f \u062f\u0644\u0627\u0631 \u0641\u0631\u0627\u062a\u0631 \u0631\u0641\u062a\u0647 \u0627\u0633\u062a\u060c \u0627\u0645\u0627 \u0647\u0645\u0686\u0646\u0627\u0646 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0645\u062d\u062f\u0648\u062f \u0628\u0627\u0642\u06cc\u200c\u0645\u0627\u0646\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n\n<p>\u062f\u0631 \u0645\u06cc\u0627\u0646 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0628\u0627\u0632\u0627\u0631\u060c \u062d\u062c\u0645 <a href=\"https:\/\/sarmayex.com\/currencies\/usdt-tether\" target=\"_blank\" rel=\"noreferrer noopener\">\u062e\u0631\u06cc\u062f \u062a\u062a\u0631<\/a> \u0647\u0645\u0686\u0646\u0627\u0646 \u0628\u0627\u0644\u0627 \u0628\u0627\u0642\u06cc\u200c\u0645\u0627\u0646\u062f\u0647 \u0627\u0633\u062a \u0648 \u0627\u06cc\u0646 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0646\u0642\u0634 \u062e\u0648\u062f \u0628\u0647\u200c\u0639\u0646\u0648\u0627\u0646 \u0631\u0647\u0628\u0631 \u0628\u0627\u0632\u0627\u0631 \u0627\u06cc\u0646 \u062f\u0633\u062a\u0647 \u0627\u0632 \u0631\u0645\u0632\u0627\u0631\u0632\u0647\u0627 \u0631\u0627 \u062d\u0641\u0638 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2378\" height=\"1222\" src=\"https:\/\/sarmayex.com\/college\/wp-content\/uploads\/2026\/04\/The-stablecoin-market-cap.webp\" alt=\"\u0627\u0631\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0627\u0632 \u06f3\u06f0\u06f0 \u0645\u06cc\u0644\u06cc\u0627\u0631\u062f \u062f\u0644\u0627\u0631 \u0639\u0628\u0648\u0631 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a. \u0645\u0646\u0628\u0639: rwa.xyz\" class=\"wp-image-19229\" srcset=\"https:\/\/sarmayex.com\/college\/wp-content\/uploads\/2026\/04\/The-stablecoin-market-cap.webp 2378w, https:\/\/sarmayex.com\/college\/wp-content\/uploads\/2026\/04\/The-stablecoin-market-cap-768x395.webp 768w, https:\/\/sarmayex.com\/college\/wp-content\/uploads\/2026\/04\/The-stablecoin-market-cap-1536x789.webp 1536w, https:\/\/sarmayex.com\/college\/wp-content\/uploads\/2026\/04\/The-stablecoin-market-cap-2048x1052.webp 2048w\" sizes=\"auto, (max-width: 2378px) 100vw, 2378px\" \/><figcaption class=\"wp-element-caption\">\u0627\u0631\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0627\u0632 \u06f3\u06f0\u06f0 \u0645\u06cc\u0644\u06cc\u0627\u0631\u062f \u062f\u0644\u0627\u0631 \u0639\u0628\u0648\u0631 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a. \u0645\u0646\u0628\u0639: <a href=\"https:\/\/app.rwa.xyz\/stablecoins\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">rwa.xyz<\/a><\/figcaption><\/figure>\n\n\n\n<p>\u0627\u0648 \u062a\u0648\u0636\u06cc\u062d \u062f\u0627\u062f \u06a9\u0647 \u0646\u0642\u0634 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u062f\u0631 \u062d\u0648\u0632\u0647\u200c\u0647\u0627\u06cc\u06cc \u0645\u0627\u0646\u0646\u062f \u067e\u0631\u062f\u0627\u062e\u062a\u200c\u0647\u0627\u060c \u062a\u062c\u0627\u0631\u062a \u0628\u06cc\u0646\u200c\u0627\u0644\u0645\u0644\u0644\u06cc \u0648 \u0627\u0645\u0648\u0631 \u0645\u0627\u0644\u06cc \u0622\u0646 \u0686\u06cc\u0646 \u062f\u0631 \u062d\u0627\u0644 \u06af\u0633\u062a\u0631\u0634 \u0627\u0633\u062a\u060c \u062d\u062a\u06cc \u0627\u06af\u0631 \u0647\u0646\u0648\u0632 \u0639\u0645\u0648\u0645 \u0645\u0631\u062f\u0645 \u0627\u0632 \u0622\u0646\u0647\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0646\u06a9\u0646\u0646\u062f. \u0628\u0627\u0627\u06cc\u0646\u200c\u062d\u0627\u0644\u060c \u0627\u0648 \u062a\u0623\u06a9\u06cc\u062f \u06a9\u0631\u062f \u06a9\u0647 \u0633\u06cc\u0633\u062a\u0645\u200c\u0647\u0627\u06cc \u0645\u0627\u0644\u06cc \u0633\u0646\u062a\u06cc \u062f\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0633\u0631\u06cc\u0639 \u0648 \u06a9\u0645\u200c\u0647\u0632\u06cc\u0646\u0647\u200c\u062a\u0631 \u0647\u0633\u062a\u0646\u062f \u0648 \u0627\u0639\u062a\u0645\u0627\u062f \u0628\u06cc\u0634\u062a\u0631\u06cc \u0628\u0647 \u0622\u0646\u0647\u0627 \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f.<\/p>\n\n\n\n<p>\u0633\u0631\u06cc\u0648\u0627\u0633\u062a\u0627\u0648\u0627 \u0627\u062f\u0627\u0645\u0647 \u062f\u0627\u062f:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u062f\u0631 \u0634\u0631\u0627\u06cc\u0637 \u0641\u0639\u0644\u06cc\u060c \u0627\u062d\u062a\u0645\u0627\u0644 \u0627\u06cc\u062c\u0627\u062f \u0627\u062e\u062a\u0644\u0627\u0644 \u0628\u0631\u0627\u06cc \u0628\u062e\u0634 \u0628\u0627\u0646\u06a9\u062f\u0627\u0631\u06cc \u062a\u0648\u0633\u0637 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0645\u062d\u062f\u0648\u062f \u0628\u0647 \u0646\u0638\u0631 \u0645\u06cc\u200c\u0631\u0633\u062f. \u062f\u0631 \u06a9\u0648\u062a\u0627\u0647\u200c\u0645\u062f\u062a\u060c \u0642\u0648\u0627\u0646\u06cc\u0646 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u06a9\u0647 \u067e\u0631\u062f\u0627\u062e\u062a \u0633\u0648\u062f \u0628\u0647 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0631\u0627 \u0645\u0645\u0646\u0648\u0639 \u0645\u06cc\u200c\u06a9\u0646\u062f \u0628\u0627\u0639\u062b \u0645\u06cc\u200c\u0634\u0648\u062f \u062a\u0627 \u0627\u06cc\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627 \u0646\u062a\u0648\u0627\u0646\u0646\u062f \u062f\u0631 \u0645\u0642\u06cc\u0627\u0633 \u0628\u0632\u0631\u06af \u062c\u0627\u06cc\u06af\u0632\u06cc\u0646 \u0633\u067e\u0631\u062f\u0647\u200c\u0647\u0627\u06cc \u0633\u0646\u062a\u06cc \u0634\u0648\u0646\u062f.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\u0646\u06af\u0631\u0627\u0646\u06cc-\u0628\u0627\u0646\u06a9-\u0647\u0627-\u0627\u0632-\u0627\u0633\u062a\u06cc\u0628\u0644-\u06a9\u0648\u06cc\u0646-\u0647\u0627\u06cc-\u0633\u0648\u062f\u062f\u0647\">\u0646\u06af\u0631\u0627\u0646\u06cc \u0628\u0627\u0646\u06a9\u200c\u0647\u0627 \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0633\u0648\u062f\u062f\u0647<\/h2>\n\n\n\n<p>\u0628\u0627\u0627\u06cc\u0646\u200c\u062d\u0627\u0644\u060c \u0633\u0631\u06cc\u0648\u0627\u0633\u062a\u0627\u0648\u0627 \u0647\u0634\u062f\u0627\u0631 \u062f\u0627\u062f \u06a9\u0647 \u0628\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u200c\u067e\u0630\u06cc\u0631\u0634 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0648 <a href=\"https:\/\/sarmayex.com\/college\/learn\/rwa-token\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u0648\u0627\u0642\u0639\u06cc \u062a\u0648\u06a9\u0646\u06cc\u0632\u0647 \u0634\u062f\u0647<\/a> (RWA) \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0628\u0644\u0646\u062f\u0645\u062f\u062a \u0641\u0634\u0627\u0631 \u0628\u06cc\u0634\u062a\u0631\u06cc \u0628\u0631 \u0628\u0627\u0646\u06a9\u200c\u0647\u0627 \u0648\u0627\u0631\u062f \u0634\u0648\u062f. \u0628\u0647 \u06af\u0641\u062a\u0647 \u0627\u0648\u060c \u0627\u062f\u0627\u0645\u0647 \u0627\u06cc\u0646 \u0631\u0648\u0646\u062f \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f \u0645\u0646\u062c\u0631 \u0628\u0647 \u062e\u0631\u0648\u062c \u0633\u067e\u0631\u062f\u0647\u200c\u0647\u0627 \u0627\u0632 \u0628\u0627\u0646\u06a9\u200c\u0647\u0627 \u0648 \u06a9\u0627\u0647\u0634 \u062a\u0648\u0627\u0646 \u0622\u0646\u0647\u0627 \u062f\u0631 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