According to a recent Odaily by investment firm Bernstein, driven by increased stablecoin adoption and the development of AI-powered agentic finance, the share price of USDC issuer Circle (CRCL) is expected to reach $190. This means that even after the share price has more than doubled in the past few weeks, there is still a potential upside of about 60%.
Bernstein analysts point out that stablecoin adoption is gradually decoupling from crypto market cycles. Despite market volatility, USDC's supply remains near its all-time high of $7.8 billion. The report emphasizes that stablecoins have begun to transcend mere crypto transaction uses, performing strongly in digital payments, particularly through integration with traditional card organizations like Visa and the application of the Circle Payments Network in cross-border settlements. Furthermore, with the increasing demand for online transactions by AI agents, stablecoins are poised to become a core infrastructure for machine-to-machine micropayments. To this end, Circle is developing a high-performance payment blockchain called Arc to support fast, low-cost transactions. (CoinDesk)
