Bernstein sees new USDC growth cycle, sets $140 Circle price target

Crypto Insight Summary: USDC supply increased by roughly $2 billion in seven days, with Bernstein citing higher transaction activity and several factors that could support further growth. Crypto Insight Analysis: Direction: Bullish USDC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Supply growth and transaction activity indicate increased demand for USDC, boosting stablecoin market confidence.