Stablecoins are evolving in their role within the $350-billion global gaming market, as detailed in a recent report by the Blockchain Gaming Alliance (BGA).
The BGA report asserted that fiat-pegged digital assets, previously regarded only as payment methods or decentralized finance (DeFi) liquidity, are now forming the hidden financial framework that enables developers to compensate creators, assign prices to items, and keep players engaged.
The report highlighted that stablecoins such as USDt (USDT) and USDC (USDC) provide economic stability that speculative tokens do not. By removing volatility from in-game economies, they facilitate predictability, rapid payouts, and smooth asset exchanges across platforms.
This shift has led developers to increasingly view stablecoins as the “monetary operating system” for the next growth phase in gaming, according to the report.
Gamers prefer stability over speculation
Using examples like Roblox and Fortnite, the BGA highlighted how closed-loop currencies demonstrate that stable values encourage user spending and ongoing creation.
The BGA noted that top Roblox creators earn an average of $38 million each year, a sum made possible by stable exchange rates that shield them from market volatility.
According to the BGA, this same level of predictability is found in stablecoins, which combine the dependability of fiat-backed systems with the transparency and programmability provided by blockchain technology.
“Stablecoins are converting fragmented, speculative game economies into scalable, player-centric systems,” said Amber Cortez, head of business development at Sequence, in the report.
The BGA report positioned the move toward stablecoins as a reaction to issues within play-to-earn (P2E) models reliant on speculative tokens.
It stated that titles like Axie Infinity experienced a significant decline in user numbers following crashes in their token values, revealing how financial instability can diminish user engagement.
“The prosperity of gaming’s most significant economies hinges on stable value,” the report emphasized. “Stablecoins integrate that principle into the open metaverse—transforming virtual currencies into real-world financial rails.”
Initial instances of gaming-focused stablecoins have started to emerge. In May, the blockchain network Sui announced its plans to launch Game Dollar, a programmable stablecoin tailored for gaming.
Related: Swiss regulator GESPA takes aim at FIFA’s NFT platform in formal complaint
Venture capital in blockchain gaming sees resurgence in Q3
In Q3 2025, the blockchain gaming sector experienced its most robust investment quarter of the year, garnering $129 million in venture capital.
This raised the annual total to nearly $300 million, according to data from DappRadar.
Despite this glimpse of optimism, the figures remain significantly lower than the previous year. In 2024, DappRadar recorded more than $1.8 billion in funding for the blockchain gaming sector.
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