USDC Stablecoin Supply Soars by $2B, Triggers New Growth Cycle Prediction

The USDC stablecoin supply has experienced a significant increase of approximately $2 billion over the past week, signaling a potential new growth cycle. According to Bernstein analysts, this rise can be attributed to the revival in the crypto market, payments, and asset tokenization.

Bernstein maintained an Outperform rating for Circle's shares with a target price of $140. The firm estimates that USDC's share of adjusted stablecoin transaction volume rose from about 40% in 2025 to over 60% in 2026.