Stablecoin foreign exchange in Latin America and East Africa is approaching parity with banking channels.
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According to Borderless data, stablecoin foreign exchange conversions in key Latin American and East African corridors are gradually reaching parity with traditional banking channels. The Latin American market has already demonstrated "institutional-level" pricing, with execution costs close to zero; in the East African market, intensified competition among service providers has led to rapidly narrowing spreads.
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