As most US-listed companies are hoarding coins like $BTC, $ETH, and $SOL, Nasdaq-listed gaming company Snail Games $SNAL announced that it is exploring the possibility of issuing a proprietary USD stablecoin. To advance this plan, Snail Games has hired #AscendEX founder George Cao as an external consultant. Snail Games is the overseas listed entity of Suzhou Snail Games. Currently, Snail Games' stock price is $1.50, with a market cap of only $56 million. For a relatively small listed company to issue a USD stablecoin, this is definitely the hardest path to take. In practice, could it be more likely to be a USD game coin exclusive to Snail Games, similar to QQ coins?
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