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数据:2026 年 Q2 稳定币跨境支付报价持续低于银行间汇率,“路由税”成最大成本因素

2026-07-14 00:07:38

ChainCatcher 消息,据 The Block 报道,Borderless.xyz 发布的 2026 年 Q2 基准报告显示,稳定币跨境支付在第二季度各月的交付报价均低于银行间外汇汇率中间价。覆盖 108 个国家、260 条支付走廊的数据显示,该季度“平价差”中位数为 -3.2 个基点,6 月 进一步扩大至 -5.9 个基点,创年内最深负值。

报告同时显示,第二季度典型 1 万美元跨境支付的交付成本约为 27 美元,且连续 5 个月基本维持在这一水平附近。若企业长期仅接入单一服务商,按每 100 万美元支付规模计算,较最优报价平均将多支付约 2330 美元,即所谓的“路由税”。

分地区看,非洲市场波动最为明显,其中价点差扩大 166 个基点至 512.8 个基点;拉美则压缩至 89.0 个基点,亚洲基本持平在 6.1 个基点。个别走廊方面,马拉维在 4 月 9 日 出现单日 5.8% 的重定价,典型点差由约 296 个基点跃升至 1975 个基点。

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