Circle Faces AML Questions After $285M North Korea-Linked Hack
Morgan Stanley maintains Equal Weight rating and $80 price target on Circle despite a $285M hack on Drift Protocol using USDC.
Morgan Stanley maintains Equal Weight rating and $80 price target on Circle despite a $285M hack on Drift Protocol using USDC.
Circle was downgraded as USDC profits may shrink, margins fall in 2026, and growth expectations look too optimistic.
Circle Internet stock plunged after the latest Clarity Act draft banned rewards on stablecoin balances. Narrow yield rules spark sell-off.
Monness Crespi calls Trump's Truth Social stablecoin support mere saber rattling. CLARITY bill shift favors Circle over Coinbase. Firm adds to COIN shorts, stays long CRCL.
Circle (CRCL) reports strong Q4 2025 results: USDC circulation jumps 72% to $75.3B, revenue hits $770M (+77%), adjusted EBITDA soars 412% to $167M. Shares rise sharply as stablecoin adoption accelerates.
Mizuho upgrades Circle Internet to Neutral with $77 price target, citing USDC activity on Polymarket as a key growth catalyst.