Bernstein SocGen Downplays Stablecoin Competition Risks on Circle Internet Group (CRCL)
Circle Internet Group Inc. (NYSE:CRCL) is one of the best tech stocks to buy, according to Cathie Wood. On September 9, analysts at Bernstein SocGen Group reiterated an “Outperform” rating on the stock and a $230 price target. Bernstein SocGen Downplays Stablecoin Competition Risks on Circle Internet Group (CRCL) In its research note, Bernstein SoGen reiterated that Circle Internet does not face significant risks with its USDC stablecoin. The stablecoin is currently being used as collateral on Hyperliqui ...