Snail Games (SNAL), a Nasdaq-listed game developer, is exploring the creation of its own stablecoin, CoinDesk reports. News of this potential move sent SNAL stock soaring, experiencing a surge of up to 20% during trading. Stablecoin for a Blockchain Gaming Ecosystem Snail Games envisions leveraging its stablecoin to foster a vibrant, blockchain-driven gaming ecosystem. This includes facilitating a user-centric marketplace where players can actively participate and trade in-game assets. Furthermore, the stablecoin aims to enable a global monetization model for Snail Games and its community. This strategic initiative aims to integrate blockchain technology deeper into their game offerings. The company believes this initiative will unlock new opportunities for player engagement and revenue generation. By creating its own digital currency, Snail Games hopes to provide a seamless and efficient way for players to transact within its ecosystem. Further details on the stablecoin's design and launch are expected to be released in the coming months. ```