Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Data: 5.34 million LINK have been withdrawn from exchanges in the past 24 hours
2
Derive co-founder proposes to increase DRV token supply by 50%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,906.34
-0.40%
Ethereum
Ethereum
ETH
$4,653.59
-0.45%
XRP
XRP
XRP
$3.12
+0.57%
Tether USDt
Tether USDt
USDT
$1
+0.00%
Solana
Solana
SOL
$239.95
-0.00%
BNB
BNB
BNB
$929.23
+0.45%
USDC
USDC
USDC
$0.9995
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2877
+5.78%
Cardano
Cardano
ADA
$0.9291
+2.70%
TRON
TRON
TRX
$0.3497
-0.32%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter