According to a brand new report from the Blockchain Gaming Alliance (BGA), stablecoins are taking up a brand new role within the $350 billion global gaming market.
The BGA report argued that fiat-pegged digital assets, once seen as just payment instruments or decentralized financial liquidity (DeFi), are actually becoming an invisible financial infrastructure that governs the best way developers pay developers, price items, and retain players.
The report states that stablecoins reminiscent of USDt (USDT) or USDC (USDC) offer economic stability that speculative tokens lack. By eliminating the volatility of in-game economies, they allow predictability, faster payouts and seamless exchange of assets across platforms.
For this reason, developers are increasingly seeing stablecoins as a “monetary operating system” for gaming’s next growth cycle, the report says.
Source: Blockchain Gaming Alliance
Players prefer stability over speculation
Citing games like Roblox and Fortnite as case studies, the BGA said closed currencies have proven how stable values allow users to proceed spending and constructing developers.
According to BGA, the highest 10 Roblox developers earn a median of $38 million per 12 months. The BGA said these revenues are enabled by fixed exchange rates that protect them from market shocks.
BGA said the identical predictability may also be present in stablecoins, which mix the reliability of fiat-backed systems with the transparency and programmability of blockchain technology.
“Stablecoins transform fragmented, speculative gaming economies into scalable, player-centric systems,” Amber Cortez, head of business development at Sequence, said within the report.
The BGA report characterised the shift to stablecoins as a response to the failure of play-to-earn (P2E) models based on speculative tokens.
The BGA said games like Axie Infinity saw user numbers plummet after their token values crashed. The report said this shows how financial volatility is eroding user engagement.
“The success of the most important gaming economies rests on stable values,” the report says. “Stablecoins bring this principle to the open metaverse and transform virtual currencies into real-world financial rails.”
The first examples of game-oriented stablecoins have already appeared. In May, blockchain network Sui announced that it will be releasing Game Dollar, a programmable stablecoin specifically for gaming.
Blockchain gaming enterprise capital flow is seeing a revival within the third quarter
In the third quarter of 2025, the blockchain gaming industry recorded its strongest investment quarter this 12 months, recording $129 million in enterprise capital flow.
According to data platform DappRadar, the whole for the 12 months is sort of $300 million.
But even when the industry sees a glimmer of hope, the numbers are significantly lower in comparison with the previous 12 months. In 2024, DappRadar recorded over $1.8 billion in funding into the blockchain gaming space.
