CRCL Could Hit $140, Says Bernstein as Cathie Wood Praises Circle's Disruption - Circle Internet Group (N

Bernstein reiterated its $140 price target on Circle (NYSE:CRCL) Monday, saying the stablecoin giant’s growth cycle continues with or without the CLARITY Act.

Why Bernstein Says Circle Doesn’t Need the Clarity Act

Bernstein analysts led by Gautam Chhugani wrote in a note to clients cited by The Block that Circle’s growth cycle is independent of CLARITY Act passage.

A macro regime shift favoring hard assets and stablecoins, growing stablecoin payment adoption, real-world blockchain capital markets, and agentic AI payments settling in USDC are all moving forward regardless of what happens on September 15.

USDC (CRYPTO: USDC) supply added $1.7 billion last week after six months of flat growth, Circle controls roughly 80% of decentralized exchange volumes, and its Agent Stack platform already hosts more than 900 paid services with 99% of agent-payment volume settling in USDC.