Circle’s Flagship Stablecoin USDC Set For Rapid Growth, Analyst Says Regulatory Climate Key

Circle Internet Group (NYSE:CRCL) stock surged Friday after Seaport Global analyst Jeff Cantwell initiated coverage with a Buy rating and a $235 price forecast.

Cantwell sees continued upside with a $235 price forecast, even after a recent rally initially spurred by its IPO and then significantly boosted by the Senate’s approval of the landmark GENIUS Act for stablecoin regulation.

Circle stands out as a top-tier crypto disruptor, poised for substantial future growth, per Cantwell.

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Full story available on Benzinga.com