BlockBeats News, January 29 — Mizuho Securities has reversed its stance on Circle, upgrading CRCL stock to “Neutral” and raising its target price to $77. On Wednesday, they stated that the increasing popularity of the market platform Polymarket could potentially drive the company’s stock price higher.
Analysts Dan Dolev and Alexander Jenkins said: “All bets on Polymarket are settled in USDC, which means that growth in Polymarket will directly drive growth in USDC. We expect the growth momentum of prediction markets to continue into 2026, which will translate into an increase in USDC market capitalization, bringing incremental revenue to Circle.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Crypto Card Spending Hits $600M Monthly as USDC Gains on USDT - Coinspeaker
Crypto-linked card spending reached $600 million in monthly volume in March 2026, more than tripling from $187 million recorded a year prior – a 211% annual increase that signals structural rather than cyclical adoption across point-of-sale payment infrastructure.
Cumulative card volume across the
Coinspeaker3h ago
Compass Point cuts Circle to Sell, CRCL shares fall more than 10%
Circle Internet Group（CRCL）stock price fell 9.9%, and Compass Point cut its rating to “Sell,” with a target price of $77, reflecting regulatory risk and the impact of market sentiment. At the same time, a hacking incident involving Drift Protocol triggered a collective lawsuit investigation, indirectly affecting CRCL’s stock price. Market awareness of DeFi risks has increased, and with stablecoin legislation stalled, Circle faces greater structural pressure.
MarketWhisper8h ago
A new wallet deposits 2M USDC into HyperLiquid and buys 49,731 HYPE.
Gate News消息，April 10, according to on-chain analyst Onchain Lens monitoring, a newly created wallet deposited 2 million USDC into HyperLiquid and bought 49,731 HYPE at a price of $40.22.
GateNews10h ago
Dutch bank, the Netherlands Bank, ClearBank has obtained MiCA approval to launch stablecoin services and will provide savings accounts through a certain CEX.
Dutch bank ClearBank receives EU MiCA approval and a CASP license, and will launch digital asset services, including euro- and dollar-denominated stablecoins, to improve the efficiency of cross-border payments, and will also offer savings account services covered by UK deposit insurance protection.
GateNews23h ago
Circle Launches CPN Managed Payments for Banks and PSPs to Settle in USDC Without Holding Crypto
Circle Internet Group launched CPN Managed Payments on Wednesday, a full-stack stablecoin settlement platform designed to let banks, fintechs, and payment service providers process USDC transactions without holding or managing digital assets.
Key Takeaways:
Circle launched CPN Managed Payments on
Coinpedia04-09 11:02
Circle Expands USDC Payouts to Singapore Partners
Circle launched USDC payout services in Singapore, enabling automated cross-border payments for fintechs and enterprises.
Payouts API reduces manual processes, improves transparency, and supports high-volume stablecoin transactions.
Expansion aligns with regulations, offering compliant in
CryptoFrontNews04-09 07:06
