Analysts at Bernstein are bullish on stablecoin issuer Circle, arguing that a new growth cycle for its USDC stablecoin could provide a significant boost for the company over the next 12 months.In a research note published Monday, Bernstein said USDC (USDC) is showing signs of what it called “digital dollar reflation” after its supply increased by roughly $2 billion in seven days, reversing a six-month stretch of stagnant or declining growth. The firm maintained an Outperform rating on Circle (CRCL) and a $140 price target, implying roughly 60% upside from current levels. Circle shares have risen roughly 40% over the…

In brief Pakistan’s virtual assets regulator has opened its licensing portal, with firms operating on or before March 5 required to file for a No Objection Certificate by September 5 or cease operations. The Virtual Assets Act 2026 sets out 11 license categories covering exchanges, custody, lending, derivatives, stablecoin issuance and mining. Applicants must register a company in Pakistan and clear the Financial Monitoring Unit before a license application. Crypto firms serving customers in Pakistan have less than a fortnight to begin the country’s new licensing process or shut down, under a deadline set by the Pakistan Virtual Assets Regulatory…

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