Web3
Mizuho Sees AI Assistants Eroding USDC Demand, Cuts Circle (CRCL) Target to $43
COINOTAG·October 28, 2026·1 min read
Mizuho cut its Circle (CRCL) target to $43, arguing AI assistants steer cash away from USDC and could cut Circle's reserve revenue by 10% to 20%. The move reflects concerns about AI's impact on stablecoin demand and Circle's revenue model.
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