BUSINESSJul 13 · 14:01 UTCTHE BLOCKNaga Avan-Nomayo

Stablecoin FX priced below interbank rates in Q2, with routing now the biggest cost lever: Borderless

Stablecoin payments were priced 3.2 basis points below interbank FX rates across 260 corridors in Q2, according to Borderless.xyz's benchmark. Routing is now the largest cost lever in stablecoin transactions.

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Borderless.xyzorganizationstablecoin paymentstopicInterbank FX ratestopic

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