Market StructureAdoption
Morgan Stanley cuts Circle Internet Group stock price target on USDC growth concerns - Investing.com
Morgan Stanley has revised its price target for Circle Internet Group downward, citing growth concerns surrounding the USDC stablecoin.
So what
Tier-1 bank downgrades on issuer valuation metrics signal broader macroeconomic skepticism regarding stablecoin yield compression and top-line growth potential. This institutional sentiment shift could influence venture funding rounds and alter allocator risk appetite for USDC-centric yields.