By Hassan Shittu Key highlights: Binance invested $100M in Circle and signed a 5-year commercial agreement to promote USDC across its 300M+ user platform The more USDC Binance holds via Circle’s Modular Smart Contract Wallet, the higher the monthly payment, replacing earlier agreements from November 2024 and August 2025 Circle is simultaneously expanding beyond USDC: […]
Tag: CRCL
Key highlights: Morgan Stanley cut its price target on Circle stock The bank highlighted its weak USDC adoption and reserve income Circle will report Q2 earnings on August 5 Circle stock came under pressure on Monday after Morgan Stanley issued a bearish call on the stablecoin issuer just ahead of its earnings report. The investment […]
Key highlights: Bernstein has cut its price target for Circle by $50, citing an uncertain revenue outlook The firm downplayed speculation that OpenUSD will affect Circle’s long-term share price CRCL is down by over 40% from its all-time high Global equity research firm Bernstein has slashed its end-of-year price target for CRCL stock to $140. […]