Nasdaq-listed game publisher Snail Games is considering the development of a US dollar stablecoin. The company is evaluating the technical, legal, and financial aspects of issuing its own stablecoin. To facilitate this initiative, Snail Games has engaged George Cao, founder of AscendEX, as an external consultant and has enlisted a law firm specializing in cryptocurrency compliance. Following the announcement, Snail Games' stock price surged by more than 20% during the trading session, ultimately closing with an 8% gain.