Woofun AI data shows that stablecoin cross-border payments delivered exchange rates superior to interbank mid-rates during the second quarter of 2026. The median parity gap reached -3.2 basis points, widening to -5.9 basis points in June, while the average cost for a $10,000 transfer held steady at approximately $27.

Borderless.xyz identifies payment routing as the primary variable for cost optimization. Enterprises relying on static providers face an estimated $2,330 additional cost per $1 million transferred, termed a "Routing Tax". Regional disparities remain pronounced; USDC maintained a 99 basis point advantage over USDT in Peru, whereas the lowest-quoting provider in Brazil changed every 2.6 days. Africa exhibited the highest volatility, with Malawi spreads widening to 1,975 basis points and Ghanaian USDC spreads increasing by 596%.