Bernstein Analysts Says Circle Could Become Top Stablecoin Network
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Description
Analysts at Bernstein believe Circle, the company behind the popular digital currency USDC, is in a strong position to become the leading stablecoin network in the world. The market experts kept their price target for Circle’s NYSE-listed stock CRCL at $230, which is about 40% higher than the current price. The analysts said Circle’s strong liquidity, clear regulation, and focus on payment technology give it an advantage. This comes after Circle recently released its second-quarter financial res...
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