On August 27, Circle Internet Corp. rose 5.23% in regular trading, trading at $93.741/share, with turnover of $283 million. The stock advanced alongside a broad rally in U.S.-listed crypto concept stocks, with CleanSpark, MARA Holdings, and Hut 8 gaining over 4%, while Strategy rose over 3% and Coinbase climbed over 2%.

On the fundamental side, Bernstein recently maintained its Outperform rating on Circle with a $140 price target, citing signs of a digital dollar reflation as USDC supply surged by $2 billion within seven days. The research noted that USDC transaction volume share has overtaken USDT, while on-chain data showed Circle minting 500 million USDC on Solana in recent sessions, signaling robust institutional demand. Additional regulatory tailwinds include FASB proposing to classify qualifying stablecoins as cash equivalents and the U.S. Treasury soliciting public comments on GENIUS Act stablecoin implementation rules, both of which directly benefit Circle as a leading regulated stablecoin issuer.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)