Bernstein says Circle’s growth cycle can continue without the Clarity Act, sees 59% upside

Share

Research firm Bernstein believes Circle can sustain its growth trajectory even without the Clarity Act, driven by a rebound in USDC supply and continued expansion of stablecoin volumes. Analysts consider Circle’s growth cycle robust enough to continue regardless of US legislative developments. Bernstein sees a 59% upside potential for Circle shares, reflecting confidence in the company’s fundamentals. This optimistic outlook is supported by the resilience of the stablecoin market and USDC’s dominant position.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles