Bernstein is staying bullish on $CRCL .
The firm rates Circle “Outperform” with a $140 target, arguing that Circle’s growth story is becoming less dependent on the CLARITY Act.
$USDC supply growth and rising stablecoin transaction share are becoming the bigger drivers.
If stablecoin adoption keeps accelerating, Circle could have a lot more room to grow.
$CRCL
The firm rates Circle “Outperform” with a $140 target, arguing that Circle’s growth story is becoming less dependent on the CLARITY Act.
$USDC supply growth and rising stablecoin transaction share are becoming the bigger drivers.
If stablecoin adoption keeps accelerating, Circle could have a lot more room to grow.
$CRCL
