Bernstein projects 70% upside for Circle as stablecoin adoption grows

Circle’s stock rose nearly 10% to close at $111.84 on Monday, reaching its highest level since early November. Bernstein analysts see significant upside potential for the company, citing expanding stablecoin adoption across payment systems and artificial intelligence applications. The analyst firm’s projection reflects growing institutional interest in stablecoin infrastructure as blockchain technology becomes more integrated into mainstream financial and technology workflows.

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