Circle (CRLC) Boosted By USDC Demand: New Analyst Projections Suggest Rally T...

Circle (CRLC) Boosted By USDC Demand: New Analyst Projections Suggest Rally T...

Circle, the firm behind the widely-used stablecoin USDC, has seen its stock, trading under the ticker CRCL, rise above $123 for the first time since October of last year.  This surge was accompanied by a new upgrade from Clear Street, which upgraded Circle’s stock from a “Hold” to a “Buy” and raised its price target from $92 to $136 in a research note released on Monday. USDC Adoption Soars Amid Increased Demand Since the beginning of February, adoption of Circle’s USDC stablecoin has increased significantly, indicating a growing interest from financial....


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