Borderless report: Stablecoin cross-border payment costs are lower than interbank exchange rates

According to The Block, the Stablecoin Payments Benchmark Report for Q2 2026 released by Borderless shows that the cost of cross-border stablecoin payments has been below interbank foreign exchange rates for three consecutive months. In the second quarter, the average cost to transfer 10 thousand US dollars through mainstream channels was approximately 27 US dollars. The report points out that for every 1 million US dollars in capital flow, enterprises may pay an additional 2,330 US dollars by choosing a single provider compared to the optimal route, making routing selection a key variable affecting enterprise payment costs.