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Bernstein Assigns "Outperform" Rating to Exchange, Sets Target Price at $230

Bernstein Assigns "Outperform" Rating to Exchange, Sets Target Price at $230

2025/06/30 11:34

According to a report by Jinse Finance, Bernstein analysts have initiated coverage of stablecoin issuer Circle for the first time, assigning it an "Outperform" rating with a target price of $230. The analysts anticipate that stablecoins will evolve from serving as payment rails within the crypto market to becoming the foundational payment infrastructure for the entire internet, with total supply projected to increase sixteenfold from the current $244 billion to $4 trillion over the next decade. This growth is expected to be driven by transformative developments in crypto and tokenized capital markets, payment systems, and native stablecoin financial services.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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