Africa records highest stablecoin conversion spreads, data shows

Africa recorded the highest median stablecoin-to-

Africa records highest stablecoin conversion spreads, data shows

Africa records highest stablecoin conversion spreads, data shows

Africa recorded the highest median stablecoin-to-fiat conversion spreads among tracked regions in January, according to data observed by payments infrastructure company Borderless.xyz, covering 66 currency corridors and nearly 94,000 rate observations.

Regional median spreads for stablecoin conversions. Source: Borderless.xyz
Conversion costs in different competition levels. Source: Borderless.xyzRelated:

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