Odaily Planet Daily News: Nasdaq-listed game publisher Snail Games (code: SNAL) announced that it is exploring the possibility of issuing a proprietary US dollar stablecoin, with evaluations covering technical, legal, and financial aspects. To advance this plan, the company has hired George Cao, founder of AscendEX, as an external consultant and has commissioned a law firm focused on the crypto field to assist with compliance matters. After the news was released, Snail's stock price surged by 20% at one point during trading, ultimately closing up 8%. (CoinDesk)