BlackRock: AI drives stablecoin growth, boosting Circle utility

- CRCL (NASDAQ) stock price fell from the previous session into the open, as the crypto sector’s rally cools after the market’s momentum stalled.
- BlackRock believes rising AI demand could drive the stablecoin market’s development.
- This view could increase Circle’s utility.
- RSS has not yet provided any further details on CRCL’s outlook or the scale of growth.

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Source: CoinGape