Axiym’s stablecoin payment volume on Avalanche has grown 4.4 times over the past year, climbing to more than $2 billion.
What Axiym actually does
Axiym is a Dubai-based liquidity-as-a-service platform. Its customers are licensed money services businesses, or MSBs, the companies that move remittances and business payments across borders.
Those firms have long lived with something called pre-funding. Picture a remittance company that wants to pay out in a dozen countries. It typically has to park cash in local accounts in each one ahead of time, just in case customers send money there.
Axiym’s model removes that requirement. Running on Avalanche’s C-Chain and using stablecoins as settlement rails, the platform lets MSBs operate with far less working capital tied up. According to the research findings, that means 70-90% less capital lockup.
CEO Khibar Rassul has framed the value in those terms: Axiym unlocks capital that was previously trapped in pre-funding.
The growth curve so far
By April 2025, Axiym had processed $132 million in cumulative volume on Avalanche.
A year later the picture looked very different. The platform had crossed $1.2 billion in volume in under a year by April 2026.
By August 2026, processed volume exceeded $1.6 billion. A September 2026 case study then reported more than $1.43 billion processed during Axiym’s first year on the network.
The latest figure puts stablecoin payment volume above $2 billion, reflecting the 4.4x jump over the past year.
Monthly activity has also held up. Stablecoin payment volumes have stayed above $130 million every month since January 2026, with some months topping $170 million and peaks reported as high as $180 million.
The network behind it
Axiym integrates with established payment networks, and its partners process over $25 billion annually across more than 150 countries. Those partners handle somewhere between 60 and 96 currencies, depending on the figure cited.
Why stablecoins fit this problem
Stablecoins are tokens pegged to a currency like the US dollar, and they can settle on a blockchain within minutes at any hour. For an MSB, faster settlement means less money needs to sit in limbo. If settlement is quick and predictable, the need to pre-stock accounts around the world shrinks dramatically.
What this means
For the payments industry, Axiym is a test case for whether liquidity-as-a-service can meaningfully change how MSBs manage cash. Cutting capital lockup by 70-90% would let firms enter more corridors without raising more money.
There are open questions worth watching. The first is whether the growth rate holds as the base gets larger, since 4.4x is easier from a few hundred million than from several billion.
The second is regulatory. MSBs are heavily supervised, and any shift in how authorities treat stablecoin settlement across jurisdictions could speed up or slow down adoption of models like Axiym’s.
The third is concentration. Much of the pitch depends on stablecoins staying stable and liquid, so the reliability of those underlying tokens is effectively part of Axiym’s product.
For now, the trajectory is clear enough. A platform that measured its cumulative volume at $132 million in April 2025 is now reporting stablecoin payments above $2 billion, built on the unglamorous but valuable task of freeing up trapped cash.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.