Techub News said Bernstein believes Circle’s growth cycle can continue even if the U.S. Digital Asset Market Clarity Act is not passed. The report pointed to a rebound in USDC supply and continued expansion in stablecoin trading volume as sources of internal growth for the stablecoin issuer. Bernstein also said it sees 59% upside for Circle.
Techub News said Bernstein has issued a report arguing that Circle’s growth cycle can continue even if the U.S. Digital Asset Market Clarity Act is not passed.
The report said Circle has internal growth drivers as USDC supply has recovered and stablecoin trading volume continues to expand.
Bernstein also sees 59% upside for Circle.
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