Wall Street is divided over the fate of Circle Internet Group (NYSE: CRCL), the issuer of USDC and one of 2025's most closely watched IPOs.
The conflicting takes come after a rival stablecoin's launch triggered a sharp sell-off and a wave of conflicting **** yst reactions.
USDC remains the second-largest stablecoin by market cap at more than $73 billion, behind that of Tether's USDT at $184 billion, as per CoinMarketCap.
Related: Explained: What is a stablecoin?
Compass Point upgraded Circle Internet Group to Neutral from Sell on June 30, while cutting its price target to $55 from $97.
The conflicting takes come after a rival stablecoin's launch triggered a sharp sell-off and a wave of conflicting **** yst reactions.
USDC remains the second-largest stablecoin by market cap at more than $73 billion, behind that of Tether's USDT at $184 billion, as per CoinMarketCap.
Related: Explained: What is a stablecoin?
Compass Point upgraded Circle Internet Group to Neutral from Sell on June 30, while cutting its price target to $55 from $97.
4 months ago
