Although stablecoins are fundamentally designed to track the US dollar, actual business outcomes rarely remain at a perfect 1:1 ratio once conversion spreads and complex multi-network routing come into play.
According to research published in the European Journal of Finance, major USD-pegged stablecoins carry an annualised devaluation probability averaging 60 basis points under normal conditions, a figure which can spike above 200 basis points during periods of severe market stress.
The cost of spread uncertainty
For fintechs routinely accepting and settling these digital assets, this market reality creates significant spread uncertainty and a persistent reconciliation problem. Every transaction forces companies to question what total value they will actually receive at the other end of the settlement process.
Rhino.fi notes that even a minor average spread can generate meaningful financial leakage at scale. For example, a client processing $10million per month in mixed stablecoins that loses just 5 basis points (0.05 per cent) to conversion and routing inefficiencies would bleed roughly $5,000 in entirely avoidable monthly leakage.
Bringing predictability to B2B infrastructure
To close this critical gap in the market, Rhino.fi has officially launched Stablecoin 1:1. Built on the company’s six years of experience developing API infrastructure for stablecoin deposits, the new feature continuously monitors the global stablecoin foreign exchange rate between USDC and USDT. It then returns a guaranteed 1:1 quote accompanied by a clear, explicit fee and absolutely no hidden spreads.
The system treats USDT and USDC as completely interchangeable USD units for both acceptance and settlement, regardless of the source chain. It currently supports these assets across more than 25 blockchain networks, including major ecosystems like Ethereum, Tron, TON, Base, Polygon, Arbitrum, and Solana.
Clients are given the operational flexibility to either sponsor this explicit fee themselves or pass it directly through to their end customers, depending on their specific pricing models. To ensure system integrity, Rhino.fi has also built specific guard rails per client and per end-user to effectively prevent arbitrage exploitation.
Industry perspectives and regulatory shifts
While consumer-facing platforms like Revolut have already set the public expectation for 1:1 USD and stablecoin conversions, Rhino.fi aims to bring that exact same clarity into the backend B2B infrastructure layer. WirexPay has already joined the rollout, acting as an early design partner for the technology.
Will Harborne, CEO of Rhino.fi, emphasized the pressing need for this infrastructure upgrade.
“Stablecoins are meant to be dollars on the internet, but businesses still experience them like fragmented liquidity and unpredictable outcomes,” Harborne stated. “Stablecoin 1:1 is our step toward making digital dollars truly usable at scale.”.
As digital assets are increasingly utilized as core payment infrastructure globally, predictability and transparency are rapidly becoming non-negotiable. This industry-wide shift is being heavily reinforced by incoming regulatory frameworks, such as MiCA in Europe, alongside growing global regulatory engagement with stablecoin payment use cases.
Lexi Short, chief growth officer at Rhino.fi, noted that the firm is actively removing the pervasive problem of companies wondering which stablecoin or chain to use, and what they will actually receive upon settlement. She concluded that predictability is the key element that turns stablecoins from a mere crypto feature into real, dependable payment infrastructure
