Dossier
Interbank FX rates
Coverage of Interbank FX rates in the Nexus archive.
- 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.