Wall Street Turns Bullish on Circle as Stablecoin Regulation and Adoption Accelerate

Circle Internet Group ($CRCL) is drawing renewed attention on Wall Street as several major investment banks turn constructive on the stablecoin issuer, framing it as a standout opportunity amid shifting crypto regulation and accelerating institutional adoption of dollar-pegged tokens.

Morgan Stanley initiated coverage on April 22 with an $80 price target and an ‘Equal Weight’ rating, according to the report cited in Korean media. Analysts pointed to an improving policy backdrop for decentralized finance (DeFi) and evolving expectations around industry accountability as key factors supporting…  Read more

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