Bernstein: Circle's stock still has 60% upside potential, driven by stablecoin adoption and AI finance

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Odaily Planet Daily reports that, according to the latest report from investment firm Bernstein, driven by increased adoption of stablecoins and the development of AI agentic finance, the stock price of USDC issuer Circle (CRCL) is expected to reach $190. This suggests that, based on the recent doubling of the stock price over the past few weeks, there is still approximately 60% potential upside.

Bernstein analysts note that the adoption of stablecoins is gradually decoupling from the crypto market cycle. Despite market volatility, USDC’s supply remains close to the historic high of $7.8 billion. The report emphasizes that stablecoins are beginning to surpass their traditional use in crypto trading, showing strong performance in digital payments, especially through integration with traditional card networks like Visa and the application of Circle’s Payment Network in cross-border settlements. Additionally, with increasing demand for AI-powered trading agents, stablecoins are poised to become the core infrastructure for micro-payments between machines. To support this, Circle is developing a high-performance payment blockchain called Arc to enable fast, low-cost transactions. (CoinDesk)

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