Circle (CRCL) shares rose 9.74% to $111.84 on Monday, marking a recent high. Bernstein analysts have maintained an "Outperform" rating with a $190 price target, suggesting a 70% upside potential. The report highlights accelerating stablecoin adoption across various sectors, including individual users, enterprises, and AI agents, which has become independent of the broader crypto market. In 2025, stablecoin transaction volume hit $55 trillion, a 98% increase from the previous year, with payment activity reaching $375 billion and consumer-to-business payments growing by 131%.