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Bernstein: Optimistic about the recovery of USDC, maintaining a target price of $140 for Circle
According to Cointelegraph, Bernstein analysts believe that USDC shows signs of “digital dollar re-inflation,” with its supply surging by $2 billion in seven days.
The institution maintains an outperform rating on Circle (CRCL), setting a target price of $140, and points out that USDC’s trading volume share has surpassed that of USDT.
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