Bernstein maintains target price of $230 for Circle Corporation

According to a report by Golden Finance, analysts from research and brokerage firm Bernstein have stated that Circle is highly likely to become the dominant stablecoin network, and they have reiterated their target price of $230 for the company's stock - possibly up 40% from current levels. After releasing its second quarter financial results on Tuesday, a team of analysts led by Gautam Chhugani stated in a report to clients on Wednesday, "Our long-term argument for Circle is that the most liquid and regulated stablecoins will become the dominant stablecoin network