Circle Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein

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Wall Street broker Bernstein said Circle (CRCL) could take a revenue hit if U.S. rates fall sharply, but strong stablecoin demand and operating leverage may help soften the blow.

Every 25 basis point drop in rates would trim 2027 revenue by about 9% and EBITDA by 11%, with rates below …

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