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JPMorgan's Optimistic Move: Circle's Stablecoins Drive the Future of International Finance

JPMorgan's Optimistic Move: Circle's Stablecoins Drive the Future of International Finance

Bitget-RWA2025/11/13 17:38
By:Bitget-RWA

- JPMorgan analysts upgraded Circle (CRCL) to "buy" with a $150 target, citing stablecoin growth and institutional adoption. - USDC's Q3 2025 circulation hit $67.9B, highlighting Circle's undervaluation vs. Tether's $500B private valuation. - Circle launched an institutional FX engine and multi-currency stablecoins to modernize global transactions. - Q3 revenue surged 66% to $740M, but USDC's $76B market cap lags Tether's $184B. - Strategic blockchain initiatives align with $5T AI-driven infrastructure inv

JPMorgan analysts have adopted an optimistic outlook on

Internet Group (CRCL), pointing to rapid stablecoin expansion and increasing institutional participation as primary catalysts for the digital asset provider. Monness, Crespi, Hardt, a research company, and set a price target of $150, representing a 45% premium over the current share price of $103.14. The firm underscored Circle's capacity to move a "significant, long-term portion of M2 onto the blockchain," and reinforcing the dominance of the U.S. dollar.

This development comes after a notable increase in

(Circle’s stablecoin) in circulation, , indicating strong institutional interest amid a moderate recovery in the crypto sector. Analysts also observed a significant valuation gap between Circle and its competitor , compared to Circle’s $23.87 billion market capitalization, implying Circle may be undervalued.

Circle’s latest product introductions have further strengthened its market stance. The company

, along with a , which allows for the integration of regional stablecoins on its Arc blockchain. These projects are designed to update the fragmented FX landscape by supporting round-the-clock trading, instant settlement, and lower counterparty risk. , features collaborations with Avenia (BRLA), Forte (AUDF), among others, broadening USDC’s reach across international currencies.

Circle’s financial results have added to the positive sentiment. The company

, surpassing analyst expectations by 66%. USDC’s market cap climbed to $76 billion, though it remains behind Tether’s $184 billion. with a $230 price target, highlighting Circle’s robust fundamentals despite ongoing “narrative battles” with skeptics.

While other JPMorgan analysts have reduced price targets for companies in retail and real estate,

Nevertheless, Circle’s strategic shift toward institutional blockchain solutions positions it to benefit from this trend, as StableFX and Arc’s programmable infrastructure support the modernization of global finance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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