Tag: IPO

Bernstein Reiterates $230 Price Target for Circle, Citing Stablecoin Dominance

By Marco Piccolo Key highlights: Bernstein maintains a $230 price target for Circle, reflecting confidence in its long-term dominance in the stablecoin market. Analysts cite Circle’s liquidity, regulatory advantage, and infrastructure as key differentiators despite rising competition. Circle reported a 90% year-over-year increase in USDC circulation and launched a new Layer 1 blockchain, Arc. Bernstein […]