Bernstein maintains a target price of $140 for Circle; it is expected that USDC will support the company's development.
2026-08-24 18:42:23
According to CoinMeta, Bernstein maintains a target price of $140 for Circle Internet Group despite the failure of the Clear Act to pass. Analyst Gautam Chhugani stated that Circle's next growth cycle does not depend on Congress passing the U.S. Crypto Market Structure Act. The stock price of Circle rose by more than 5% on August 21, closing at $87.98. It is expected that the adoption of USDC will support the company's development, despite the failure of the Clear Act to pass. The stablecoin of Circle accounts for about 80% of decentralized and financial transactions.
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Source:Cryptonews
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