The Block (@TheBlockCo): THE BLOCK: Bernstein cuts its Circle price target to $140 from $190 but stays Outperform, saying the Open USD consortium threat that spooked the stock…
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THE BLOCK: Bernstein cuts its Circle price target to $140 from $190 but stays Outperform, saying the Open USD consortium threat that spooked the stock will fade. Analysts still sees Circle taking ~30% of a $4 trillion stablecoin market by 2035.