Circle shares surge as Bernstein sees upside from stablecoin adoption

Circle Internet Group (CRCL) shares have surged nearly 50% year-to-date, recently hitting $118 as analysts at Bernstein set a bullish $190 price target. This rally is driven by the "decoupling" of stablecoins from broader crypto volatility, fueled by the 2025 GENIUS Act's regulatory clarity and USDC’s expanding role in global payments, cross-border settlements, and emerging AI-agent transactions.