East Africa tops stablecoin FX compression in Q1 2026, Borderless Benchmark reports.

Key Findings

Stablecoin foreign‑exchange rates reached interbank parity throughout Latin America in the first quarter of 2026, while pricing gaps in East African corridors narrowed dramatically, shrinking by as much as 81%, according to the Borderless Benchmark Quarterly Insights: Q1 2026 report.

Report Overview

The Borderless Benchmark Q1 2026 analysis covered 1.15 million rate observations across 51 currencies. It highlighted movements in East Africa’s principal currencies, including the Kenyan shilling (KES), Tanzanian shilling (TZS), and other regional units.