BGA 2025 Report: Stablecoins Rank Among the Top Three Growth Drivers for Web3 Games

A recent report from the Blockchain Gaming Alliance (BGA) shows that blockchain game developers are increasingly focusing on infrastructure development and growth rather than token-driven cyclical growth, with stablecoin adoption appearing for the first time among the three catalysts.

On Wednesday, BGA released its "2025 State of the Industry Report," which shows a shift in developers' perceptions of the drivers of success in blockchain games.

The report shows that the top three growth drivers are high-quality game releases (29.5%), revenue-driven business models (27.5%), and the adoption of stablecoins in the payment sector (27.3%).

These findings suggest that the industry is gradually moving away from investment cycles and reliance on large Web2 brands, and will prioritize business acquisition games based on Web3 transaction systems.

Sebastian Borgechet, co-chairman of BGA and co-founder of The Sandbox, pointed out: "What we see in the data is a more globalized, more standardized, and more focused industry on creating high-quality games for real gamers."

The shift in the driving factors of blockchain games in the past

The report reflects a significant shift in the key perspectives of blockchain game developers on driving industry development over the past five years.

From 2021 to 2023, survey participants strongly supported external catalysts, including the “play-to-earn” (P2E) boom and the desire of major Web2 publishers to participate in validating the legitimacy of the space.

By 2024, due to the fragmentation and repetitive gameplay issues in Web3 games, industry sentiment shifted towards improving user experience, accessibility, and new user onboarding processes.

This year's survey shows that the gaming industry is maturing further. Developers are increasingly recognizing that excellent gameplay, sustainable monetization models, and robust consumer support infrastructure are key to success.

The report points out that stablecoins have long been a core component of decentralized finance and are now seen as an important tool in the gaming economy.

The report also points out that a loading-free payment experience similar to currency could contribute to the success of Web3 games.

Reduce reliance on Web2 game series

The survey also shows a significant decrease in consumer reliance on the traditional gaming industry. Currently, only about 17.2% of consumers consider the traditional gaming industry a key driver of economic growth, while this figure is projected to reach 35.8% by 2024.

In contrast, interoperability (26.1%), AI integration (25.9%), and player-driven creator economy (25.5%) followed closely behind the three main drivers.

Developers’ strong interest in stablecoin payment systems reflects a broader trend in policy development.

Globally, stablecoin regulatory frameworks are rapidly evolving, with the United States leading the way through the GENIUS European Act and the implementation of its Crypto Asset Markets (MiCA) framework.