Nasdaq-listed game publisher Snail Games: Exploring the development of a USD stablecoin

According to CoinDesk, Nasdaq-listed game publisher Snail Games (ticker: SNAL) has announced that it is exploring the possibility of issuing a dedicated USD stablecoin, with assessments covering technical, legal, and financial aspects. To advance this plan, the company has hired AscendEX founder George Cao as an external advisor and commissioned a crypto-focused law firm to assist with compliance matters. [Foresight News]