Odaily Planet Daily reports that, according to a recent report by investment firm Bernstein, driven by increased adoption of stablecoins and the growth of agentic finance, the stock price of Circle (CRCL), the issuer of USDC, could reach $190, indicating approximately 60% further upside potential on top of its doubling over the past few weeks.
Bernstein analysts note that stablecoin adoption is increasingly decoupling from cryptocurrency market cycles. Despite market volatility, USDC’s supply remains near its historical high of $7.8 billion. The report highlights that stablecoins are moving beyond mere crypto trading use cases, showing strong momentum in digital payments—particularly through integrations with traditional card networks like Visa and Circle’s Payments Network in cross-border settlements. Additionally, as demand grows for AI agents to conduct online transactions, stablecoins are poised to become the core infrastructure for machine-to-machine micropayments. To this end, Circle is developing Arc, a high-performance payment blockchain designed to enable fast, low-cost transactions. (CoinDesk)