Axiym Stablecoin Volume on Avalanche Grows 4.4x to $529M in Q3

Axiym's stablecoin payment volume on Avalanche grew 4.4x year-over-year in the last year, with the network reporting a record $529 million processed in Q3 2026. Cumulative payments on Avalanche have now surpassed $2 billion lifetime, according to figures shared by avax on Oct. 13.

The quarter marks a sharp step up from a year earlier, when the same period saw roughly $121 million in volume — a baseline the network highlighted alongside the Q3 2026 total.

The numbers position Axiym among the payments platforms using Avalanche's rails for stablecoin settlement, a segment the network has increasingly promoted as institutional money movement moves onchain. Avalanche has leaned into that pitch over the past month, with avax and avalanchefdn flagging Goldman Sachs' 100 billion Treasury fund arriving via the permissioned Lynq network and tokenized U.S. Treasuries on the chain reaching 545 million in Q3, up 4x year-over-year.

What to watch

The 529 million quarterly print sets a new high-water mark for Axiym's activity on Avalanche, but the network has not broken out how much of that volume is driven by new counterparties versus growth from existing corridors. Sustained quarter-over-quarter expansion — rather than a single record quarter — would be the signal that stablecoin payment flows are becoming a durable part of Avalanche's transaction base alongside its tokenized asset and institutional lending activity.