The market capitalization of AVAX stablecoins has surged by 33.88% over the past week, according to Coinomedia. This significant growth is linked to the increasing adoption of Avalanche's DeFi protocols and a boost in user confidence in AVAX-based stablecoin assets. The rise suggests enhanced capital deployment on Avalanche platforms, likely fueled by improved incentives, protocol upgrades, and increased utility in decentralized exchanges and lending markets.