Stablecoins promise cheaper, faster money transfers into Africa, but new data shows that the real cost of turning digital dollars into local cash often remains high and depends heavily on who controls each corridor. A January review of 66 African stablecoin routes by payments firm Borderless.xyz shows that users on the continent face the widest conversion spreads in the world, even as other regions see much tighter pricing. Across nearly 94,000 rate observations, Africa posted a median spread of 299 basis points, or about 3%, on stablecoin-to-fiat conversions, compared with roughly 1.3% in Latin America and just ... (full story)