Bernstein Soc Gen has given Circle (CRCL) stock a positive rating amid rising stablecoin demand. The firm predicts a 70% upside potential for CRCL, citing expected growth from AI and cross-border payment technology adoption.
Financial analysts at Bernstein Soc Gen have issued a favorable stock rating for Circle Internet Financial, the issuer of the USDC stablecoin. The firm projects a potential 70% increase in CRCL stock value, linking this optimism to anticipated growth in stablecoin usage driven by artificial intelligence and cross-border payment technologies.
Bernstein’s analysis suggests that the increasing application of stablecoins in AI and blockchain-based transactions could significantly impact CRCL stock. As demand for digital dollars and AI agent payments evolves, the firm believes the stock could reach $190.
The integration of AI into mainstream finance is accelerating. Bernstein’s core thesis highlights how AI agents facilitating payments could popularize stablecoins, expanding USDC‘s utility beyond cryptocurrency markets.
Stablecoins are becoming a prominent financial instrument as blockchain transaction demand grows. Industry figures like Binance’s Changpeng Zhao and Coinbase’s Brian Armstrong have noted AI agents’ potential to conduct independent financial transactions, a domain where stablecoins may play a central role. Armstrong stated, “So you can imagine in the traditional financial world. You and I can go get a credit card or something where we have to be identified as a human. But if you’re an agent trying to get work done. You either have to bug your human every time, like, ‘Will you approve this purchase?’ Or if you want to, increasingly with these agents. You can tell them to go do this overnight or the next hour, week, or whatever, and get work done. They might need to spin up AWS resource. Or get through a paywall on the internet to read some research paper. Buy a domain name or whatever, or spin up a marketing program. If you really want to treat them almost like their own digital employees. They need to have a corporate card kind of thing. Traditional corporate cards can’t be issued to non-human entities. And so we’re giving them stablecoin wallets. They’re doing a lot of machine-to-machine payments.”
