AXG Holdings Revenue Surges 895%

HONG KONG, Sept. 18, 2026 /CourierPR/ -- AXG Holdings (Nasdaq: AXG) reported $28.05 million in revenue for the fiscal year ended March 31, 2026, a significant increase of 895% from $2.82 million in the previous year. The company's stablecoin and fiat trading volume surged 395% to $1.04 billion, adding approximately $830 million in annual activity. Client assets under administration increased 347% to $848.8 million, while AX ONE processed $226 million in payment volume. FERION completed 10 tokenization projects, representing $52 million in value. AI infrastructure contributed approximately $22.2 million, or 79% of the group's revenue, while Digital Asset Tokens contributed approximately $5.6 million. The company recorded a $13.29 million net loss.

Stablecoin market capitalization grew 48.9% during calendar 2025, adding $102.1 billion to reach $311 billion. Tether’s USDT and Circle’s USDC remain the dominant stablecoins, with respective market capitalizations of $184.4 billion and $73.5 billion, representing approximately 84.5% of the $305.1 billion global stablecoin market. Tiger Research estimated in February 2026 that approximately 99% of stablecoin market capitalization was U.S. dollar-pegged, underscoring both demand for digital dollars and policy concerns surrounding domestic-currency sovereignty.

Regional payment activity is diversifying. USDT’s share of identified Asia-Pacific stablecoin payment volume declined from 98% at the beginning of 2025 to 91% in July 2026. The shift suggests growing participation by alternative stablecoins as institutions evaluate licensing, reserve transparency, custody, and integration capabilities alongside liquidity.

Business payments are creating a significant expansion opportunity. McKinsey and Artemis estimate that stablecoin payments reached $390 billion on an annualized basis using December 2025 activity, more than double the previous year’s level. Business-to-business payments accounted for approximately $226 billion, increasing 733% year over year. Asia-originated payments represented approximately $245 billion, followed by $95 billion from North America and $50 billion from Europe. These flows provide a commercial foundation for institutional supplier payments, cross-border settlement, payroll, and treasury management.

Inflation and transaction costs are reinforcing the demand for more efficient financial services. Annual inflation reached 33.5% in Argentina and 31.51% in Türkiye in August 2026, while the World Bank’s third-quarter 2025 benchmark placed the average cost of sending a $200 remittance at 6.36%. Such conditions can encourage demand for dollar access and lower-cost transfers, although a dollar peg does not eliminate U.S. inflation exposure.

AXG’s expansion against a substantial increase in global stablecoin adoption is noteworthy. The company’s operating progress extended across its platforms, with client assets under administration increasing 347% to $848.8 million, AX ONE processing $226 million in payment volume, and FERION completing 10 tokenization projects representing $52 million in value. AI infrastructure contributed approximately $22.2 million, or 79% of group revenue, while Digital Asset Tokens contributed approximately $5.6 million.