Goldman Sachs just barked: 2025 is the Summer of Stablecoins!

Forget frisbees, forget fire hydrants—this year, the pack’s chasing digital bones 💰. Stablecoins are the squeaky toy every dog in the yard wants. And lemme tell ya, the humans at Goldman just dropped 5 meaty chew toys for us to gnaw on 👇

1️⃣ The Law’s the Leash 🦴

Every good pup needs a leash—keeps things under control. The new GENIUS Act is that leash for stablecoins. Brian Brooks (big human, ex-OCC alpha dog) calls it the start of a “stablecoin gold rush.” Translation: the humans are opening the dog park gates and all the pups are stampeding in.

2️⃣ Dollar Cravings Everywhere 🌍

Listen, 2 billion humans outside the U.S. don’t wanna chew on their local funny money. They want the big juicy bone: the U.S. dollar. Stablecoins give ’em that bone, and that means more demand for Treasuries. Woof! That’s like every dog in the world wanting the same squeaky ball—supplies are flying off the shelf.

3️⃣ Payments Still Barkin’ 💳

Don’t worry, Visa and Mastercard ain’t headed to the kennel yet. Goldman says the real cost isn’t swiping the card—it’s the on/off ramps and compliance mess. But stablecoins? They fetch liquidity and cut down pre-funding. That’s like instead of burying 100 bones in the yard, you just carry one leash that gets you all the snacks. Smart pup move.

4️⃣ Banks Keep Their Bone Piles (for now) 🏦

Goldman says don’t expect every pup to ditch the bank bowls. Deposits are sticky like peanut butter in a Kong toy. Unless stablecoins suddenly taste better and are safer, humans will keep their bones in the bank. But woof—tokenization at scale? That could flip the whole kennel upside down.

5️⃣ Watch the Fire Hydrant 🚨

Barry Eichengreen (smart human from UC Berkeley) warns: too many stablecoin issuers could mess up the “singleness of money.” Translation: imagine 50 dogs trying to pee on the same fire hydrant at once—chaos, puddles, and maybe a financial accident. If everyone redeems at once, Treasuries could flood the yard and interest rates could spike like a frisbee toss.

🐶 Bottom line: Stablecoins are the BIG BONE of 2025. You chompin’ down, or just sittin’ on the porch howlin’ while the other pups eat?