Circle has just received its first buy recommendation with a target of $235.
Irony: the stock has already reached $237, surpassing the target upon announcement.
Since its IPO at 31$ two weeks ago, the stock has almost quadrupled.
The potential is immense: Seaport Securities anticipates a stablecoin market exploding to 2000 billion $ (compared to 260 currently).
(All this while Bitcoin drops back under $100k)
Decentralized finance has never seemed so... centralized.
