Odaily Planet Daily reports that the stablecoin issuer Circle’s stock price once rose above $90, reaching a new high since November last year, before falling back to around $87. Previously, the company’s Q4 earnings exceeded market expectations, driving the stock price up approximately 30% after the earnings release.
Bernstein analyst maintains a “buy outperform” rating on Circle and sets a target price of $190, believing that the company’s performance indicates a growth trend that has shown “significant divergence from the crypto market.” The report notes that Circle’s expansion in infrastructure is generating higher-margin new revenue streams, rather than relying solely on stablecoin reserve earnings.
The analyst states that Circle’s trading-related income continues to grow, including blockchain rewards earned as a super validator on the Canton network. Meanwhile, the proportion of USDC directly held on the Circle platform has increased to 17% of the total supply, up from 14% in the previous quarter. The company expects USDC circulation to maintain an annual growth rate of about 40%, and anticipates that other business revenues, excluding reserve income, will reach approximately $170 million by 2026, up from about $110 million in 2025.
Bernstein is also optimistic about Circle’s expansion into new product areas, including the Arc platform, Circle Payments Network, and “automated payment” capabilities for AI agents.
Meanwhile, Mizuho analysts point out that as stablecoins are increasingly used in new scenarios such as prediction markets, for example on the Polymarket platform, Circle’s revenue structure is expected to become more diversified. Overall, market attention is gradually shifting to whether Circle can establish a more balanced revenue source structure amid the expansion of the stablecoin ecosystem.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USDC Treasury mints an additional 250 million USDC on the Solana chain
Gate News Report, March 6 — According to Whale Alert monitoring, the USDC Treasury just minted 250 million USDC on the Solana chain, worth approximately $250 million.
GateNews3h ago
MetaDAO community vote approves liquidation proposal for Ranger Finance
MetaDAO community approved the proposal to liquidate Ranger Finance on March 6, including removing RNGR/USDC liquidity, transferring USDC reserves to the MetaDAO team, and returning intellectual property. 5,047,250 USDC will be allocated to RNGR holders, with a snapshot time of March 13 at 8:00.
GateNews9h ago
Jupiter launches on-chain virtual card Jupiter Card, supporting USDC payments
Gate News Announcement, March 6, Jupiter announced the launch of Jupiter Card, an on-chain virtual card fully integrated into Jupiter Mobile. Users can make purchases at all locations accepting Visa using their wallet balance. Jupiter Card is a Visa Infinite and Platinum virtual card, with a transaction fee of 1-1.8%, by
GateNews10h ago
MetaDAO community votes to approve the "Liquidate Ranger Finance" proposal
MetaDAO community voting approved the proposal to liquidate Ranger Finance, remove RNGR/USDC liquidity, and transfer the USDC reserve to MetaDAO, to be distributed proportionally to unlocked token holders. Additionally, the intellectual property of Futarchy governance will be returned to Glint House PTE. LTD. The snapshot will be taken on March 13.
GateNews15h ago
Solana's Largest DEX Aggregator » Jupiter Launches On-Chain Visa Card: Zero Fees for USDC Top-Ups, Aiming to Transform into a Decentralized New Bank
Solana Ecosystem Protocol Jupiter Launches Virtual Visa Card Jupiter Card, Allowing Users to Top Up with USDC Fee-Free and Exchange 1:1 USD. The card can be used at Visa-accepting merchants worldwide and offers two card level options. Jupiter has partnered with Noah with the goal of transforming into a decentralized new bank, providing more financial services and attracting a large user base. Its success remains to be seen before market validation.
動區BlockTempo17h ago
