Circle stock price may hit $190: Stablecoin USDC application expansion, Wall Street optimistic about digital dollar payment prospects

March 11 News: Wall Street institutions remain optimistic about the long-term growth prospects of stablecoin issuer Circle. The research firm Bernstein’s latest analysis suggests that as stablecoins expand their applications in the real economy, Circle’s stock price could rise by approximately 70% in the future, with a target price close to $190. This forecast reflects ongoing market interest in digital dollar payment infrastructure.

Analysts point out that Circle plays a key role in the emerging digital dollar economy. The company’s stablecoin USDC is now one of the world’s major dollar-pegged stablecoins and operates on multiple mainstream blockchain networks. As financial institutions and tech companies gradually integrate stablecoins into their payment systems, USDC’s role in the global digital payment ecosystem continues to grow.

Bernstein believes that the use cases for stablecoins are expanding from crypto asset trading to broader financial activities. For example, cross-border transfers, online commercial payments, and digital financial services are exploring blockchain settlement systems. Compared to traditional banking systems, these systems can achieve faster fund clearing and lower transaction costs. For businesses, stablecoins can also reduce friction in cross-border payments and improve cash flow efficiency.

Market observers note that stablecoins also feature programmable money capabilities, providing new infrastructure for developers to build automated financial applications. Developers can embed stablecoin payment modules directly into software platforms to automatically handle subscription fees, service settlements, or other financial operations. These applications are driving blockchain payment technology into more commercial scenarios.

Additionally, the development of artificial intelligence technology is believed to potentially further boost stablecoin demand. Some analysts think that future AI agents may need to automatically pay for data access, software subscriptions, or digital services. In this environment, programmable blockchain payment systems can support high-frequency, small-value, and global transactions, with stablecoins being a key tool to realize this model.

As stablecoins increasingly connect traditional financial systems with blockchain networks, market attention to trustworthy issuers continues to grow. If the digital dollar payment system continues to expand, Circle is expected to benefit from increased transaction volume and ecosystem growth in the long term. Therefore, multiple Wall Street institutions maintain a bullish outlook on Circle’s stock, believing that stablecoin infrastructure could become a vital part of the future global financial system.