Vitalik sold Meme coin CAT for 14216 USDC

Stablecoin Wave, "AI Proxy Finance" Assists! Bernstein Optimistic About Circle's Stock Price Soaring Another 60%

The stock price of stablecoin USDC issuer Circle has recently risen, and Bernstein reports predict it could increase another 60% in the future, with a target price of $190. The growing demand for stablecoins and the rise of AI-powered financial applications are the main driving factors. Circle's stock price has increased over 100% in the past few weeks and continues to expand its payment network, indicating that the application scope of stablecoins is expanding. Additionally, stablecoin trading volume has grown significantly, showing deeper integration with traditional finance.

Circle stock price may hit $190: Stablecoin USDC application expansion, Wall Street optimistic about digital dollar payment prospects

Wall Street institutions are optimistic about the long-term growth prospects of stablecoin issuer Circle, predicting its stock price will rise by approximately 70%, with a target price close to $190. Analysts point out that as the application of stablecoins in financial activities expands, USDC's role in the global payment ecosystem continues to strengthen. At the same time, the programmable features of stablecoins and the development of AI technology may drive increased demand. Circle could benefit from the expansion of the digital dollar payment system and become an important part of the global financial system.

Circle Faces Upgraded Stablecoin Competition: Tether and Wall Street Enter the Market, Can USDC Continue to Lead?

As competition in the global stablecoin market intensifies, Circle faces challenges from Tether and traditional financial institutions, but its advantages in compliance, partnerships, and technology remain promising. Research predicts that Circle's stock price is expected to rise, while USDC's growth trend and revenue are expanding rapidly. Circle is also exploring the integration of AI and blockchain in payment scenarios, and future competitive dynamics will depend on compliance capabilities and the expansion of its payment network.

Circle has issued over 8 billion USDC since early February.

Gate News reports that on March 11, according to Arkham monitoring, Circle has issued a net increase of over 8 billion USDC since early February and has added them to the circulating supply. This means that Circle has injected over 8 billion USDC stablecoins into the market in the past month.

TD Cowen: The U.S. may permanently ban CBDC, with the real estate amendment becoming a key factor

According to analysis, the U.S. Congress may push for a permanent ban on Central Bank Digital Currencies (CBDC). Senator Cruz has introduced an amendment to turn the temporary ban into a permanent one. This move reduces concerns about the Federal Reserve issuing digital dollars and benefits the stablecoin market. However, the ban could become an obstacle to advancing the CLARITY Act, lowering its priority.

Circle launches native USDC and cross-chain transfer protocol CCTP on EDGE Chain

Gate News Announcement, March 11 — According to official sources, stablecoin issuer Circle (CRCL) announced that starting March 9, the native USDC and its cross-chain transfer protocol (CCTP) are officially live on EDGE Chain. This integration will bring fully regulated, USD-backed stablecoins directly into the EDGE Chain ecosystem, offering seamless cross-chain functionality and eliminating the need for wrapped or bridged assets.