TechFlow News: On April 9, according to a report by The Block, data from payment infrastructure company Borderless shows that stablecoin foreign exchange (FX) conversion is gradually reaching price parity with traditional banking channels along key corridors in Latin America and East Africa.
The Latin American market has already achieved “institutional-grade” pricing, with execution costs approaching zero; meanwhile, in the East African market, bid-ask spreads are rapidly narrowing as service provider competition intensifies.
Add to Favorites
Share to Social Media
