Stablecoin FX priced below interbank rates in Q2, with routing now the biggest cost lever: Borderless
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Theblock - are covering this story. TL;DR Stablecoins recorded prices below the interbank rate in every month of the second quarter of 2026, according to Borderless.xyz. Failing to diversify payment providers cost companies $2,330 for every $1 million transferred, the largest…
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Stablecoin FX Discounts Deepen in Q2, With Routing Emerging as the Biggest Driver: Borderless
TL;DR Stablecoins recorded prices below the interbank rate in every month of the second quarter of 2026, according to Borderless.xyz. Failing to diversify payment providers cost companies $2,330 for every $1 million transferred, the largest…
Stablecoin FX priced below interbank rates in Q2, with routing now the biggest cost lever: Borderless
Stablecoin payments were priced 3.2 bps below interbank FX rates across 260 corridors in Q2, per Borderless.xyz's benchmark.