{"id":3820,"date":"2025-08-17T09:04:47","date_gmt":"2025-08-17T01:04:47","guid":{"rendered":"https:\/\/theexchain.com\/global-progress-of-stablecoin-regulations-challenges-faced-by-tether-circle-and-others\/"},"modified":"2025-08-17T09:04:47","modified_gmt":"2025-08-17T01:04:47","slug":"%d8%a7%d9%84%d8%aa%d9%82%d8%af%d9%85-%d8%a7%d9%84%d8%b9%d8%a7%d9%84%d9%85%d9%8a-%d9%84%d9%84%d9%88%d8%a7%d8%a6%d8%ad-%d8%aa%d9%86%d8%b8%d9%8a%d9%85%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7","status":"publish","type":"post","link":"https:\/\/theexchain.com\/ar\/%d8%a7%d9%84%d8%aa%d9%82%d8%af%d9%85-%d8%a7%d9%84%d8%b9%d8%a7%d9%84%d9%85%d9%8a-%d9%84%d9%84%d9%88%d8%a7%d8%a6%d8%ad-%d8%aa%d9%86%d8%b8%d9%8a%d9%85%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%85%d9%84%d8%a7\/","title":{"rendered":"\u0627\u0644\u062a\u0642\u062f\u0645 \u0627\u0644\u0639\u0627\u0644\u0645\u064a \u0644\u0644\u0648\u0627\u0626\u062d \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a\u0629 \u0644\u0644\u0639\u0645\u0644\u0627\u062a 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id=\"the-yield-bearing-revolution-threatens-incumbents\">\u0627\u0644\u062b\u0648\u0631\u0629 \u0627\u0644\u062d\u0627\u0645\u0644\u0629 \u0644\u0644\u0639\u0627\u0626\u062f\u0627\u062a \u062a\u0647\u062f\u062f \u0634\u0627\u063a\u0644\u064a \u0627\u0644\u0645\u0646\u0627\u0635\u0628 \u0627\u0644\u0639\u0644\u064a\u0627<\/h2>\n<p>\u0647\u0646\u0627\u0643 \u0644\u0627\u0639\u0628 \u062c\u062f\u064a\u062f \u0645\u0632\u0639\u062c \u0622\u062e\u0630 \u0641\u064a \u0627\u0644\u0638\u0647\u0648\u0631: \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0630\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u062f. \u062a\u0639\u062f \u062c\u0647\u0627\u062a \u0627\u0644\u0625\u0635\u062f\u0627\u0631\u060c \u0645\u062b\u0644 Spark Protocol \u0648Figure Markets\u060c \u0628\u0645\u0634\u0627\u0631\u0643\u0629 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0627\u0644\u0641\u0648\u0627\u0626\u062f \u0645\u0639 \u062d\u0627\u0645\u0644\u064a\u0647\u0627\u060c 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\u0627\u0644\u0627\u062d\u062a\u064a\u0627\u0637\u064a\u0627\u062a<\/li>\n<li>\u0648\u0627\u062c\u0647\u062a \u0634\u0631\u0643\u0629 Tether \u0645\u0632\u0627\u0639\u0645 \u0628\u0634\u0623\u0646 \u0627\u062d\u062a\u0641\u0627\u0638\u0647\u0627 \u0628\u062f\u064a\u0648\u0646 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0630\u0627\u062a \u0627\u0644\u0639\u0648\u0627\u0626\u062f \u0627\u0644\u0645\u0631\u062a\u0641\u0639\u0629 \u0628\u062f\u0644\u0627\u064b \u0645\u0646 \u0645\u0639\u0627\u062f\u0644\u0627\u062a \u0627\u0644\u0646\u0642\u062f<\/li>\n<li>\u0633\u064a\u0624\u062f\u064a \u0627\u0646\u062e\u0641\u0627\u0636 \u0623\u0633\u0639\u0627\u0631 \u0627\u0644\u0641\u0627\u0626\u062f\u0629 \u0625\u0644\u0649 \u0636\u063a\u0637 \u0647\u0630\u0627 \u0627\u0644\u062a\u062f\u0641\u0642 \u0641\u064a \u0627\u0644\u0625\u064a\u0631\u0627\u062f\u0627\u062a<\/li>\n<\/ul>\n<p>\u0648\u0647\u0630\u0627 \u064a\u062e\u0644\u0642 \u062d\u0648\u0627\u0641\u0632 \u0636\u0627\u0631\u0629 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\u0627\u0644\u0634\u0631\u0643\u0627\u062a (B2B)<\/li>\n<li><strong>\u0627\u0644\u062d\u0648\u0627\u0641\u0632 \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629<\/strong>: \u062a\u0642\u062f\u0645 Coinbase \u0639\u0627\u0626\u062f 4.1% \u0639\u0644\u0649 USDC<\/li>\n<\/ul>\n<p>\u0648\u0627\u0644\u062c\u062f\u064a\u0631 \u0628\u0627\u0644\u0630\u0643\u0631 \u0623\u0646 \u0627\u0644\u062d\u0638\u0631 \u0627\u0644\u0630\u064a \u062a\u0641\u0631\u0636\u0647 \u0623\u0648\u0631\u0648\u0628\u0627 \u0639\u0644\u0649 \u062a\u0645\u0631\u064a\u0631 \u0627\u0644\u0639\u0627\u0626\u062f \u0625\u0644\u0649 \u0627\u0644\u0645\u0648\u062f\u0639\u064a\u0646 \u0642\u062f \u0623\u0639\u0627\u0642 \u0627\u0639\u062a\u0645\u0627\u062f\u0647\u0627 - \u062d\u064a\u062b \u064a\u062a\u0645 \u062a\u062f\u0627\u0648\u0644 \u0623\u0643\u0628\u0631 \u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0628\u0627\u0644\u064a\u0648\u0631\u0648 \u0628\u0642\u064a\u0645\u0629 200 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\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0648\u0631\u0642\u064a\u0629\u060c \u0645\u0645\u0627 \u064a\u062e\u0644\u0642 \u062d\u0648\u0627\u062c\u0632 \u0627\u0644\u0625\u062f\u0645\u0627\u062c<\/li>\n<\/ul>\n<p>\u0643\u0645\u0627 \u064a\u0634\u064a\u0631 \u0623\u062d\u062f \u062a\u062d\u0644\u064a\u0644\u0627\u062a \u0627\u0644\u0645\u062c\u0644\u0633 \u0627\u0644\u0623\u0637\u0644\u0633\u064a: \"\u0625\u0646 \u0627\u0644\u062a\u0639\u0627\u0645\u0644 \u0627\u0644\u0645\u0635\u0631\u0641\u064a \u0644\u063a\u064a\u0631 \u0627\u0644\u0645\u062a\u0639\u0627\u0645\u0644\u064a\u0646 \u0645\u0639 \u0627\u0644\u0628\u0646\u0648\u0643 \u0628\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u063a\u0627\u0644\u0628\u064b\u0627 \u0645\u0627 \u064a\u0643\u0648\u0646 \u062f\u0627\u0626\u0631\u064a\u064b\u0627\u061b \u0641\u0627\u0644\u0645\u0631\u0621 \u064a\u062d\u062a\u0627\u062c \u0625\u0644\u0649 \u062d\u0633\u0627\u0628 \u0645\u0635\u0631\u0641\u064a \u0644\u0644\u0627\u0646\u062a\u0642\u0627\u0644 \u0645\u0646 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0625\u0644\u0649 \u0627\u0644\u0639\u0645\u0644\u0629 \u0627\u0644\u0648\u0631\u0642\u064a\u0629.\"<\/p>\n<h2 id=\"global-experiments-point-to-the-future\">\u0627\u0644\u062a\u062c\u0627\u0631\u0628 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u062a\u0634\u064a\u0631 \u0625\u0644\u0649 \u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644<\/h2>\n<p>\u062a\u064f\u062c\u0631\u064a \u0627\u0644\u0628\u0646\u0648\u0643 \u0627\u0644\u0645\u0631\u0643\u0632\u064a\u0629 \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0628\u0631\u0627\u0645\u062c \u062a\u062c\u0631\u064a\u0628\u064a\u0629 \u0631\u0627\u0626\u062f\u0629:<\/p>\n<ul>\n<li><strong>\u0645\u0634\u0631\u0648\u0639 mBridge<\/strong>: \u0623\u0645\u0648\u0627\u0644 \u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0645\u0631\u0643\u0632\u064a \u0627\u0644\u0645\u0631\u0645\u0632\u0629 \u0644\u0644\u062a\u0633\u0648\u064a\u0629 \u0639\u0628\u0631 \u0627\u0644\u062d\u062f\u0648\u062f (\u0627\u0644\u0635\u064a\u0646\u060c \u0647\u0648\u0646\u063a \u0643\u0648\u0646\u063a\u060c \u062a\u0627\u064a\u0644\u0627\u0646\u062f\u060c \u0627\u0644\u0625\u0645\u0627\u0631\u0627\u062a \u0627\u0644\u0639\u0631\u0628\u064a\u0629 \u0627\u0644\u0645\u062a\u062d\u062f\u0629)<\/li>\n<li><strong>\u0645\u0634\u0631\u0648\u0639 \u0647\u064a\u0644\u0641\u064a\u062a\u064a\u0627<\/strong>: \u062a\u0633\u0648\u064a\u0629 \u0627\u0644\u0623\u0635\u0648\u0644 \u0627\u0644\u0631\u0645\u0632\u064a\u0629 \u0628\u0623\u0645\u0648\u0627\u0644 \u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0645\u0631\u0643\u0632\u064a (\u0627\u0644\u0628\u0646\u0643 \u0627\u0644\u0648\u0637\u0646\u064a \u0627\u0644\u0633\u0648\u064a\u0633\u0631\u064a\u060c \u0628\u0646\u0643 \u0627\u0644\u062a\u0633\u0648\u064a\u0627\u062a \u0627\u0644\u062f\u0648\u0644\u064a\u0629)<\/li>\n<li><strong>\u0645\u0634\u0631\u0648\u0639 \u0627\u0644\u0648\u0635\u064a \u0639\u0644\u0649 \u0627\u0644\u0645\u0634\u0631\u0648\u0639<\/strong>: \u062a\u0633\u0648\u064a\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0623\u062c\u0646\u0628\u064a\u0629 \u0648\u0627\u0644\u0623\u0648\u0631\u0627\u0642 \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0639\u0628\u0631 \u0627\u0644\u062d\u062f\u0648\u062f (\u0633\u0646\u063a\u0627\u0641\u0648\u0631\u0629 \u0645\u0639 DBS\u060c \u0648HSBC\u060c \u0648\u0633\u062a\u0627\u0646\u062f\u0631\u062f \u062a\u0634\u0627\u0631\u062a\u0631\u062f)<\/li>\n<\/ul>\n<p>\u062a\u064f\u0638\u0647\u0631 \u0647\u0630\u0647 \u0627\u0644\u0645\u0628\u0627\u062f\u0631\u0627\u062a \u0642\u062f\u0631\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0639\u0644\u0649 \u0625\u062d\u062f\u0627\u062b \u062b\u0648\u0631\u0629 \u0641\u064a \u0639\u0627\u0644\u0645 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629:<\/p>\n<ul>\n<li><strong>\u0627\u0644\u0645\u062f\u0641\u0648\u0639\u0627\u062a \u0639\u0628\u0631 \u0627\u0644\u062d\u062f\u0648\u062f<\/strong>: \u062d\u0627\u0644\u064a\u064b\u0627 3% \u0645\u0646 $200 \u062a\u0631\u064a\u0644\u064a\u0648\u0646 \u062f\u0648\u0644\u0627\u0631 \u0623\u0645\u0631\u064a\u0643\u064a \u0641\u064a \u0627\u0644\u0633\u0648\u0642<\/li>\n<li><strong>\u0623\u0633\u0648\u0627\u0642 \u0631\u0623\u0633 \u0627\u0644\u0645\u0627\u0644<\/strong>: \u0627\u0644\u0627\u0642\u062a\u0631\u0627\u0628 \u0645\u0646 11 \u062a\u064a\u0631\u0627\u0628\u0627\u064a\u062a 3 \u062a\u064a\u0631\u0627\u0628\u0627\u064a\u062a \u0645\u0646 \u0627\u0644\u0645\u0639\u0627\u0645\u0644\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629<\/li>\n<li><strong>\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u062e\u0632\u064a\u0646\u0629<\/strong>: \u0648\u0636\u0639 \u0627\u0644\u0633\u064a\u0648\u0644\u0629 \u0641\u064a \u0627\u0644\u0648\u0642\u062a \u0627\u0644\u062d\u0642\u064a\u0642\u064a<\/li>\n<\/ul>\n<h2 id=\"the-fraud-and-sanctions-minefield\">\u062d\u0642\u0644 \u0623\u0644\u063a\u0627\u0645 \u0627\u0644\u0627\u062d\u062a\u064a\u0627\u0644 \u0648\u0627\u0644\u0639\u0642\u0648\u0628\u0627\u062a<\/h2>\n<p>\u0645\u0639 \u062a\u0632\u0627\u064a\u062f \u0627\u0644\u062a\u0628\u0646\u064a \u062a\u0632\u062f\u0627\u062f \u0627\u0644\u0645\u062e\u0627\u0637\u0631:<\/p>\n<ul>\n<li><strong>\u0642\u0627\u0628\u0644\u064a\u0629 \u0627\u0644\u062a\u0639\u0631\u0636 \u0644\u0644\u0627\u062d\u062a\u064a\u0627\u0644<\/strong>: $12.4 \u0645\u0644\u064a\u0627\u0631 \u062f\u0648\u0644\u0627\u0631 \u0645\u0646 \u0627\u0644\u0627\u062d\u062a\u064a\u0627\u0644 \u0641\u064a \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u062e\u0644\u0627\u0644 \u0639\u0627\u0645 2024 (Chainalysis)<\/li>\n<li><strong>\u0627\u0644\u0645\u0639\u0627\u0645\u0644\u0627\u062a \u063a\u064a\u0631 \u0627\u0644\u0642\u0627\u0628\u0644\u0629 \u0644\u0644\u0625\u0644\u063a\u0627\u0621<\/strong>: \u0627\u0644\u0631\u062c\u0648\u0639 \u0627\u0644\u0645\u062d\u062f\u0648\u062f \u0639\u0646 \u0627\u0644\u0623\u062e\u0637\u0627\u0621 \u0623\u0648 \u0627\u0644\u0633\u0631\u0642\u0629<\/li>\n<li><strong>\u0627\u0644\u062a\u0647\u0631\u0628 \u0645\u0646 \u0627\u0644\u0639\u0642\u0648\u0628\u0627\u062a<\/strong>: \u064a\u064f\u0632\u0639\u0645 \u0623\u0646 Tether \u0642\u062f \u0645\u0643\u0651\u0646\u062a \u0627\u0644\u0645\u0644\u064a\u0627\u0631\u0627\u062a \u0645\u0646 \u0627\u0644\u0645\u0639\u0627\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u062d\u0638\u0648\u0631\u0629<\/li>\n<li><strong>\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u062f\u0648\u0644\u0631\u0629<\/strong>: \u062a\u0647\u062f\u064a\u062f \u0627\u0644\u0633\u064a\u0627\u062f\u0629 \u0627\u0644\u0646\u0642\u062f\u064a\u0629 \u0641\u064a \u0627\u0644\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0646\u0627\u0634\u0626\u0629<\/li>\n<\/ul>\n<p>\u062a\u0648\u0641\u0631 \u0627\u0644\u0644\u0648\u0627\u0626\u062d \u0627\u0644\u062d\u0627\u0644\u064a\u0629 \u0627\u0644\u062d\u062f \u0627\u0644\u0623\u062f\u0646\u0649 \u0645\u0646 \u0627\u0644\u062d\u0645\u0627\u064a\u0629 \u0644\u0644\u0645\u0633\u062a\u0647\u0644\u0643. \u064a\u0641\u062a\u0642\u0631 \u0642\u0627\u0646\u0648\u0646 GENIUS Act \u0625\u0644\u0649 \u0636\u0645\u0627\u0646\u0627\u062a \u0642\u0648\u064a\u0629 \u0636\u062f \u0627\u0644\u0627\u062d\u062a\u064a\u0627\u0644\u060c \u0641\u064a \u062d\u064a\u0646 \u0623\u0646 \u0642\u0627\u0646\u0648\u0646 MiCA \u064a\u064f\u0645\u0643\u0650\u0651\u0646 \u0633\u0644\u0637\u0627\u062a \u0627\u0644\u0627\u062a\u062d\u0627\u062f \u0627\u0644\u0623\u0648\u0631\u0648\u0628\u064a \u0645\u0646 \u062a\u0642\u064a\u064a\u062f \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u063a\u064a\u0631 \u0627\u0644\u064a\u0648\u0631\u0648 \u0627\u0644\u062a\u064a \u062a\u0647\u062f\u062f \u0627\u0644\u0627\u0633\u062a\u0642\u0631\u0627\u0631 \u0627\u0644\u0645\u0627\u0644\u064a.<\/p>\n<h2 id=\"the-2025-inflection-point\">\u0646\u0642\u0637\u0629 \u0627\u0646\u0639\u0637\u0627\u0641 2025<\/h2>\n<p>\u0633\u062a \u0639\u0644\u0627\u0645\u0627\u062a \u0633\u062a\u062d\u062f\u062f \u0645\u0633\u0627\u0631 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629:<\/p>\n<ol>\n<li><strong>\u062a\u0648\u0642\u0639\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0647\u0644\u0643\u064a\u0646<\/strong>: \u0627\u0644\u0637\u0644\u0628 \u0639\u0644\u0649 \u0627\u0644\u0645\u062f\u0641\u0648\u0639\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0627\u0644\u0641\u0648\u0631\u064a\u0629<\/li>\n<li><strong>\u0627\u0644\u0648\u0636\u0648\u062d \u0627\u0644\u062a\u0646\u0638\u064a\u0645\u064a<\/strong>: \u0625\u0642\u0631\u0627\u0631 \u0642\u0627\u0646\u0648\u0646 GENIUS \u0648\u0627\u0644\u0623\u0637\u0631 \u0627\u0644\u0645\u0645\u0627\u062b\u0644\u0629 \u0644\u0647<\/li>\n<li><strong>\u062a\u062d\u0631\u0643\u0627\u062a \u0627\u0644\u0634\u0631\u0643\u0627\u062a<\/strong>: \u0627\u0644\u0627\u0643\u062a\u062a\u0627\u0628\u0627\u062a \u0627\u0644\u0639\u0627\u0645\u0629 \u0627\u0644\u0623\u0648\u0644\u064a\u0629 (Circle)\u060c \u0648\u0639\u0645\u0644\u064a\u0627\u062a \u0627\u0644\u0627\u0633\u062a\u062d\u0648\u0627\u0630 (\u0634\u0631\u0627\u0621 Stripe \u0644\u0640 Bridge)\u060c \u0648\u0627\u0644\u062a\u0631\u0627\u062e\u064a\u0635 \u0627\u0644\u0645\u0635\u0631\u0641\u064a\u0629<\/li>\n<li><strong>\u0627\u0633\u062a\u062c\u0627\u0628\u0627\u062a \u0634\u0627\u063a\u0644\u064a \u0627\u0644\u0648\u0638\u0627\u0626\u0641<\/strong>: \u0627\u0644\u0628\u0646\u0648\u0643 \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a\u0629 \u062a\u062f\u0631\u0633 \u0625\u0635\u062f\u0627\u0631 \u0639\u0645\u0644\u0629 \u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u0634\u062a\u0631\u0643\u0629 \u0628\u064a\u0646 \u0627\u0644\u0628\u0646\u0648\u0643 \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a\u0629<\/li>\n<li><strong>\u0646\u0636\u062c \u0627\u0644\u0628\u0646\u064a\u0629 \u0627\u0644\u062a\u062d\u062a\u064a\u0629<\/strong>: \u0627\u0644\u0645\u062d\u0627\u0641\u0638\u060c \u0648\u062d\u0644\u0648\u0644 \u0627\u0644\u062d\u0641\u0638\u060c \u0648\u062d\u0644\u0648\u0644 \u0627\u0644\u062d\u0631\u0627\u0633\u0629\u060c \u0648\u0645\u0646\u062d\u062f\u0631\u0627\u062a \u0627\u0644\u062f\u062e\u0648\u0644\/\u0627\u0644\u062e\u0631\u0648\u062c<\/li>\n<li><strong>\u0623\u062d\u062c\u0627\u0645 \u0627\u0644\u0645\u0639\u0627\u0645\u0644\u0627\u062a<\/strong>: \u0627\u0644\u062a\u062d\u0648\u0644 \u0645\u0646 \u062a\u062f\u0627\u0648\u0644 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0634\u0641\u0631\u0629 \u0625\u0644\u0649 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u0633\u0627\u0626\u062f\u0629<\/li>\n<\/ol>\n<p>\u062a\u0648\u0627\u062c\u0647 \u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0636\u0631\u0648\u0631\u0627\u062a \u0645\u0644\u062d\u0629:<\/p>\n<ul>\n<li>\u0627\u0643\u062a\u0633\u0627\u0628 \u0645\u0648\u0627\u0647\u0628 \u0627\u0644\u0628\u0644\u0648\u0643 \u062a\u0634\u064a\u0646 \u0641\u064a \u0638\u0644 \u0627\u0644\u0646\u0642\u0635 \u0627\u0644\u062d\u0627\u062f \u0641\u064a \u0627\u0644\u0645\u0648\u0627\u0647\u0628 \u0641\u064a \u0645\u062c\u0627\u0644 \u0627\u0644\u0628\u0644\u0648\u0643 \u062a\u0634\u064a\u0646<\/li>\n<li>\u0628\u0646\u0627\u0621 \u0627\u0644\u0642\u062f\u0631\u0627\u062a \u0627\u0644\u062a\u0642\u0646\u064a\u0629 \u0645\u0646 \u062e\u0644\u0627\u0644 \u0627\u0644\u0634\u0631\u0627\u0643\u0627\u062a<\/li>\n<li>\u062a\u062b\u0642\u064a\u0641 \u0627\u0644\u0642\u064a\u0627\u062f\u0629 \u062d\u0648\u0644 \u0627\u0644\u0645\u0646\u0627\u0638\u0631 \u0627\u0644\u0637\u0628\u064a\u0639\u064a\u0629 \u0627\u0644\u0645\u062a\u0637\u0648\u0631\u0629<\/li>\n<li>\u0625\u0634\u0631\u0627\u0643 \u0627\u0644\u0645\u0646\u0638\u0645\u064a\u0646 \u0628\u0634\u0643\u0644 \u0627\u0633\u062a\u0628\u0627\u0642\u064a<\/li>\n<li>\u0648\u0636\u0639 \u0645\u062e\u0637\u0637\u0627\u062a \u0633\u0648\u0642\u064a\u0629 \u0645\u0642\u0646\u0639\u0629<\/li>\n<\/ul>\n<h2 id=\"the-unstable-future\">\u0627\u0644\u0645\u0633\u062a\u0642\u0628\u0644 \u063a\u064a\u0631 \u0627\u0644\u0645\u0633\u062a\u0642\u0631<\/h2>\n<p>\u062a\u0645\u062b\u0644 \u062b\u0648\u0631\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0645\u0633\u062a\u0642\u0631\u0629 \u0645\u0641\u0627\u0631\u0642\u0629: \u0641\u0641\u064a \u062d\u064a\u0646 \u0623\u0646\u0647\u0627 \u062a\u062d\u0644 \u0623\u0648\u062c\u0647 \u0627\u0644\u0642\u0635\u0648\u0631 \u0641\u064a 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\u0627\u0644\u0645\u062f\u0641\u0648\u0639\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629. \u0623\u0645\u0627 \u0623\u0648\u0644\u0626\u0643 \u0627\u0644\u0630\u064a\u0646 \u064a\u0631\u0641\u0636\u0648\u0646\u0647\u0627 \u0628\u0627\u0639\u062a\u0628\u0627\u0631\u0647\u0627 \u0641\u0636\u0648\u0644\u0627\u064b \u0645\u0646 \u0641\u0636\u0648\u0644 \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0627\u0644\u0631\u0642\u0645\u064a\u0629 \u0641\u0625\u0646\u0647\u0645 \u064a\u062e\u0627\u0637\u0631\u0648\u0646 \u0628\u0623\u0646 \u064a\u0635\u0628\u062d\u0648\u0627 \u0645\u0646 \u0628\u0642\u0627\u064a\u0627 \u0645\u0627\u0636\u064d \u0645\u0627 \u0642\u0628\u0644 \u0627\u0644\u062a\u0634\u0641\u064a\u0631.<\/p>","protected":false},"excerpt":{"rendered":"<p>Stablecoins at the Crossroads: Tether and Circle Face Regulatory Storm as $2.5 Trillion Market Hangs in Balance The global payments landscape is undergoing a seismic shift, driven by the explosive growth of stablecoins\u2014digital currencies pegged to traditional assets like the US dollar. With transaction volumes doubling to $27 trillion annually and total issuance hitting $250 [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-3820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/posts\/3820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/comments?post=3820"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/posts\/3820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/media\/3819"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/media?parent=3820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/categories?post=3820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ar\/wp-json\/wp\/v2\/tags?post=3820"}],"curies":[{"name":"\u062f\u0628\u0644\u064a\u0648 \u0628\u064a","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}