Bernstein believes that as stablecoins continue to expand their applications in payments and artificial intelligence, Circle's stock price has 70% upside.

CoinNetwork · 2026-03-10T10:47:13+00:00

Circle Internet Group (CRCL) stock price rose over 9%, hitting a new high, as Bernstein reaffirmed an "outperform" rating with a target price of $190. Analysts are optimistic about the adoption of stablecoins and the development of global payments, expecting transaction volumes to reach $55 trillion by 2025, driving market growth.

CoinNetwork

2026-03-10 10:47:13

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Circle Internet Group (CRCL) stock surged over 9%, closing at $111.84, reaching the highest level since early November. Previously, Bernstein analysts reaffirmed their “outperform” rating on the stock and set a target price of $190. The analysts highlighted the accelerating adoption of stablecoins, noting that by 2025, the total trading volume of stablecoins will reach $55 trillion, a 98% increase year-over-year, with payment transactions alone reaching $375 billion. They emphasized the growing importance of stablecoins in global payments and listed Visa’s support for over 130 stablecoin-related cards, as well as Circle’s expanding cross-border network (which is projected to reach an annualized transaction volume of $5.7 billion by February 2026). Bernstein believes that applications involving consumers, businesses, and emerging AI agents will drive structural growth in stablecoins.

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