Stablecoins are increasingly playing a pivotal role within the global gaming market, a sector valued at $350 billion, according to a new report released by the Blockchain Gaming Alliance (BGA).
The BGA report argues that fiat-pegged digital assets, which were previously considered solely as payment tools or liquidity providers in decentralized finance (DeFi), are now becoming the foundational financial infrastructure for how developers compensate creators, set prices for in-game items, and retain player engagement.
The report highlights that stablecoins, such as USDt (USDT) and USDC (USDC), offer a level of economic stability that is absent in speculative tokens. By mitigating volatility within in-game economies, they facilitate predictability, enable quicker payouts, and ensure seamless asset exchange across different platforms.
Consequently, developers are increasingly viewing stablecoins as the essential "monetary operating system" to drive the next phase of growth in the gaming industry, the report indicates.
Gamers Prefer Stability Over Speculation
Drawing parallels with games like Roblox and Fortnite, the BGA points out that closed-loop virtual currencies have demonstrated how stable values encourage sustained user spending and creator involvement.
According to the BGA, the top 10 creators on Roblox achieve an average annual income of $38 million. The alliance attributes this financial success to fixed exchange rates that shield them from market fluctuations.
The BGA asserts that this same predictability can be replicated with stablecoins, which combine the reliability of fiat-backed systems with the transparency and programmable features inherent in blockchain technology.
"Stablecoins are transforming fragmented, speculative game economies into scalable, player-first systems," stated Amber Cortez, head of business development at Sequence, in the report.
The BGA report frames the adoption of stablecoins as a direct response to the shortcomings of play-to-earn (P2E) models that relied on speculative tokens.
The BGA notes that games like Axie Infinity experienced a significant decline in user numbers following a crash in their token values. This outcome underscored how financial volatility can negatively impact user engagement.
"The success of gaming’s biggest economies rests on stable value," the report concludes. "Stablecoins bring that principle into the open metaverse—turning virtual currencies into real-world financial rails."
Early implementations of gaming-specific stablecoins are already beginning to appear. In May, the blockchain network Sui announced its upcoming release of Game Dollar, a programmable stablecoin designed specifically for the gaming sector.
Blockchain Gaming Venture Capital Sees Revival in Q3
The blockchain gaming industry experienced its most robust investment quarter of the year in Q3 2025, attracting $129 million in venture capital funding.
This influx brought the total venture capital flow for the year to nearly $300 million, according to data compiled by DappRadar.
Despite this positive trend, the figures remain considerably lower when compared to the previous year. In 2024, DappRadar recorded over $1.8 billion in funding directed towards the blockchain gaming space.