Woofun AI data shows that stablecoin payments provided superior exchange rates compared to traditional interbank foreign exchange benchmarks throughout the second quarter. Analysis of monthly data from April through June indicates that digital currency transfers were processed at more favorable rates every month during this period.

The report notes that users relying on a single stablecoin platform may face hidden premiums, with a $1 million transfer potentially incurring an additional $2,330 in costs if competitive rates are not sought. While stablecoins offer efficiency advantages over bank markups, the data emphasizes the necessity of comparing rates across different providers to maximize savings for cross-border transactions.