Key Takeaways
- • Avalanche launched the Payments Collective on June 18, 2026, assembling 28 organizations spanning settlement, stablecoin issuance, treasury management, foreign exchange, compliance, and merchant acceptance infrastructure.
- • The collective includes marquee institutional participants: Franklin Templeton, VanEck, WisdomTree, Paxos, Kraken, Anchorage Digital, and the Wyoming Stable Token Commission, signaling institutional-grade adoption of blockchain-based payments.
- • Collective members collectively operate across 150+ countries, support 96 currencies, and provide access to approximately 22 billion payout endpoints, establishing material infrastructure scale for cross-border settlement.
- • Member firms demonstrate significant transaction volume: Axiym has processed over $1.4 billion in cross-border volume, while Tassat's Lynq settlement network carries over $2.5 trillion in historical transaction volume following its April 2026 migration to Avalanche Layer 1.
- • B2B stablecoin payment volumes grew over 700% year-over-year in 2025, with cross-border settlements driving the majority of growth, positioning the Payments Collective as Avalanche's strategic response to this structural shift in institutional money movement.
Summary
Avalanche unveiled the Payments Collective on June 18, 2026, a coordinated initiative bringing together 28 organizations to address fragmentation in institutional cross-border payments infrastructure. The roster reflects deep institutional adoption, including asset managers Franklin Templeton and VanEck, stablecoin issuer Paxos, custody provider Anchorage Digital, exchange operator Kraken, and the Wyoming Stable Token Commission alongside specialized firms covering settlement networks, treasury management, foreign exchange, compliance, and merchant acceptance layers.
The collective's operational scope is substantial. Combined, member organizations operate across more than 150 countries and support 96 different currencies while providing access to approximately 22 billion payout endpoints. This infrastructure density signals a meaningful consolidation of previously siloed payment rails onto a unified blockchain-based foundation. Avalanche Chief Business Officer John Nahas characterized the initiative around decentralization: "The future of global payments will not be dictated by a single entity but will emerge from diverse interconnected networks."
Specific member performance metrics underscore the initiative's real-world transaction volume. Axiym, a cross-border payments firm within the collective, has processed over $1.4 billion in cross-border transaction volume. More substantially, Tassat's Lynq settlement network—which migrated to a dedicated Avalanche Layer 1 blockchain in April 2026—carries over $2.5 trillion in historical transaction volume, indicating material enterprise adoption of Avalanche-based settlement infrastructure.
The Payments Collective represents Avalanche's institutional bet on stablecoin-driven payments. B2B stablecoin payment volumes grew over 700% year-over-year in 2025, with cross-border settlements accounting for the majority of that expansion. Rather than treating this metric as a temporary phenomenon, Avalanche is positioning the Payments Collective as a structural response to a permanent shift in how institutional participants move capital across borders, consolidating previously fragmented infrastructure onto a unified network operated by established financial institutions and infrastructure providers.
The collective's operational scope is substantial. Combined, member organizations operate across more than 150 countries and support 96 different currencies while providing access to approximately 22 billion payout endpoints. This infrastructure density signals a meaningful consolidation of previously siloed payment rails onto a unified blockchain-based foundation. Avalanche Chief Business Officer John Nahas characterized the initiative around decentralization: "The future of global payments will not be dictated by a single entity but will emerge from diverse interconnected networks."
Specific member performance metrics underscore the initiative's real-world transaction volume. Axiym, a cross-border payments firm within the collective, has processed over $1.4 billion in cross-border transaction volume. More substantially, Tassat's Lynq settlement network—which migrated to a dedicated Avalanche Layer 1 blockchain in April 2026—carries over $2.5 trillion in historical transaction volume, indicating material enterprise adoption of Avalanche-based settlement infrastructure.
The Payments Collective represents Avalanche's institutional bet on stablecoin-driven payments. B2B stablecoin payment volumes grew over 700% year-over-year in 2025, with cross-border settlements accounting for the majority of that expansion. Rather than treating this metric as a temporary phenomenon, Avalanche is positioning the Payments Collective as a structural response to a permanent shift in how institutional participants move capital across borders, consolidating previously fragmented infrastructure onto a unified network operated by established financial institutions and infrastructure providers.
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