Borderless.xyz report finds stablecoin payments beat bank FX rates

The firm's Q2 2026 Benchmark tracked 260 corridors and found stablecoin delivery priced below interbank rates, with routing choices costing businesses real money Banks have spent decades charging businesses for the privilege of moving money across borders slowly. A new dataset from Borderless.xyz suggests stablecoins are doing it cheaper and faster. The stablecoin payments orchestration and liquidity network published its Q2 2026 Benchmark report on July 13. The headline finding: stablecoin-driven cross-border transfers consistently came in under interbank foreign exchange rates across the corridors it monitors. That matters because interbank rates are usually treated as the floor.

Source: Crypto Briefing