Crypto M - Crypto News

🚀 Stablecoin FX Pricing Tightens in Emerging Markets by March According to NS3.AI, Borderless reported that 14 out of 21 monitored blockchain-based currencies were within 100 basis points of interbank rates by March, indicating tighter stablecoin foreign exchange pricing in emerging markets. In Latin America, stablecoin FX traded approximately 22 basis points from interbank rates throughout the quarter, while execution costs in Brazil reached zero basis points across various providers. In East Africa, pricing gaps narrowed significantly, although Zambia and Malawi continued to experience wide fluctuations in less liquid markets. #stablecoin#FXpricing#emergingmarkets#blockchain#LatinAmerica#EastAfrica#Brazil#Zambia#Malawi#interbankrates