Bernstein says Circle’s growth cycle can continue without the Clarity Act, sees 59% upside

Bernstein Maintains Positive Outlook for Circle Amid Regulatory Uncertainty

Title: Bernstein Keeps Growth Cycle Alive for Circle Despite Clarity Act Delays

SUMMARY (use only these facts):

According to The Block, financial analyst Andrew Rosenbaum has reaffirmed his bullish stance on USDC provider Circle, asserting that the firm’s expansion trajectory can proceed regardless of legislative hurdles. His assessment comes as market data indicates a resurgence in USDC supply alongside continued broadening of stablecoin transaction volumes.

Rosenbaum’s analysis highlights resilience within the digital asset sector despite ongoing debates over regulatory frameworks like the Clarity Act. He argues that Circle’s operational momentum is not solely dependent on immediate legislative breakthroughs but rather on established market dynamics and investor confidence in its product offering.