Analyst revamps price target for Circle again

Stablecoins may be quietly breaking away from the typical crypto boom-and-bust cycle. Bernstein analysts think that this would benefit one of the most oversubscribed IPO stocks of 2025. In a recent research note, the investment firm raised its price target for Circle Internet Financial (NYSE: CRCL), the company behind the USDC stablecoin, pointing to a sharp rise in stablecoin adoption across payments, businesses, and even potential AI-driven use cases. A stablecoin is a cryptocurrency designed to main ...