What is driving this crazy $AVAX metric...?!
Avalanche's stablecoin supply surged 46% in just seven days, crossing $1.8 billion and lifting the network to 11th place among all stablecoin chains, ahead of Plasma and Ripple's XRP Ledger.
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Avalanche Stablecoin Supply Jumps 46% in Seven Days
Avalanche's stablecoin supply has posted one of its sharpest weekly gains on record. According to data shared by @BSCNews, the total stablecoin supply on @Avax surged 46% in just seven days, pushing the figure above $1.8 billion at time of writing. The move has lifted $AVAX into 11th place among all stablecoin networks globally, overtaking both @Plasma and @ripple's $XRP Ledger in the process.
The milestone is notable not just for its speed but for the broader trajectory it reflects. According to Token Terminal data, the combined market cap of stablecoins and tokenized funds on Avalanche climbed from roughly $1.2 billion in January 2024 to just above $2 billion in January 2026, representing a roughly 70% increase over two years. The latest weekly spike suggests that pace is now accelerating.
Institutional Momentum and Network Growth Behind the Move
The stablecoin surge does not exist in isolation. Avalanche has been building institutional momentum across several fronts in 2026. Avalanche formally launched the Avalanche Payments Collective, an alliance of 28 major organisations including Franklin Templeton, VanEck, and Paxos, aimed at unifying stablecoin settlement, treasury infrastructure, and foreign exchange into a single blockchain-based framework spanning more than 150 countries.
Major financial institutions such as J.P. Morgan, Apollo, and Citi are also using Avalanche for real-world asset tokenization and backend infrastructure. That institutional engagement has helped attract deeper stablecoin liquidity to the network, providing a structural foundation beneath the latest supply figures.
On the technical side, Avalanche's C-Chain can process roughly 88% more transaction throughput than Ethereum while pricing transactions at approximately one-fiftieth of the cost, and it can rapidly increase block size during periods of high demand. Those performance characteristics make it a practical choice for stablecoin issuers and settlement-focused applications looking for speed and low cost.
The credit for building the infrastructure that underpins these results sits largely with the @AvaLabs team, whose continued development work has positioned Avalanche as a credible institutional-grade settlement layer heading into the second half of 2026.
Sources:
Yahoo Finance: Avalanche posts 70% surge in stablecoin and tokenized fund market cap in 2 years
VanEck: Avalanche 201, The Institutional Platform
DefiLlama: Avalanche Stablecoin Market Cap and Supply
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Jon WangJon studied Philosophy at the University of Cambridge and has been researching cryptocurrency full-time since 2019. He started his career managing channels and creating content for Coin Bureau, before transitioning to investment research for venture capital funds, specializing in early-stage crypto investments. Jon has served on the committee for the Blockchain Society at the University of Cambridge and has studied nearly all areas of the blockchain industry, from early stage investments and altcoins, through to the macroeconomic factors influencing the sector.