Snail, Inc. Dives Into Stablecoins: Plans USD-Backed Crypto to Shake Up Digital Finance

Snail, Inc. just dropped a bombshell—they're joining the stablecoin race with a USD-backed contender. Because what the world needs now is another dollar-pegged crypto, right?

Breaking the Mold (Or Copying It?)

The company's move signals a push into the $150B+ stablecoin market—where 'innovation' often means slapping new branding on the same old concept. Their proposed asset would join heavyweights like USDT and USDC, assuming regulators don't crush it first.

Why This Matters Now

With crypto markets heating up again in 2025, every corporate player wants their own digital cash cow. Snail's betting that adding 'blockchain' to dollar IOUs will impress investors—never mind that 90% of stablecoin volume still comes from two incumbents.

The Bottom Line

Another day, another corporate stablecoin play. Will this one actually bring something new to the table—or just help executives check 'crypto initiative' off their bonus-linked KPIs?