Circle Internet: Anticipating Stablecoin Market Growing 8x; Initiate With 'Buy'

Group 1 - Circle Internet launched its USDC stablecoin network in 2018, which is projected to handle nearly $6 trillion in on-chain transactions by 2025 [1] - The company's stablecoins have achieved significant market adoption among various payments and enterprise companies [1] - An analyst has initiated a 'Buy' rating for Circle Internet, indicating a positive outlook for the company's future performance [1]