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Visa Becomes ‘Super Validator’ For Canton Network
Yahoo Finance· 2026-03-25 18:11
Visa Becomes ‘Super Validator’ For Canton Network Credit card giant Visa (NYSE: $V) says it has become a “super validator” for the Canton Network that provides banks with privacy‑preserving blockchain infrastructure. The Canton Network is a public, permissionless blockchain purpose-built for institutional finance and protecting the privacy of banks. Visa is one of 42 super validators that help clients run and secure operations on the Canton Network. More From Cryptoprowl: Institutions can experiment wit ...
Circle Internet Group Upgraded to Buy by Clear Street on USDC Growth Outlook
Financial Modeling Prep· 2026-03-16 18:07
Group 1 - Clear Street upgraded Circle Internet Group (NYSE: CRCL) to Buy from Hold and raised its price target to $136 from $92, citing multiple catalysts expected to drive growth in USDC adoption [1] - The firm identified five key factors likely to expand USDC's market capitalization and usage, despite a 44% decline in broader cryptocurrency markets since October 2025 [1][2] Group 2 - Continued expansion of tokenized financial assets positions USDC as the default settlement layer within tokenized fund ecosystems [2] - Rising activity in decentralized finance prediction markets is generating additional USDC balances on platforms [2] - Geopolitical instability in the Middle East could accelerate demand for digital dollar assets [2] Group 3 - The convergence between AI agents and programmable stablecoins is expected to become a structural driver of demand for USDC [3] - Regulatory clarity, particularly public support from President Trump for the CLARITY Act, could increase the likelihood of near-term stablecoin legislation and reduce regulatory uncertainty [3] Group 4 - CRCL shares previously fell from a peak of $264 in June 2025 to around $50 in February 2026, an approximately 81% decline, before rebounding more than 100% to roughly $115 [4] - Despite the recovery, the stock remains about 56% below its peak, and the improving fundamental outlook strengthens the investment case [4] - The target price of $136 is based on a 30x EV/EBITDA multiple applied to its fiscal 2028 adjusted EBITDA estimate of $1.132 billion, plus $2.3 billion in net cash [4]