USDC
Compass Point analyst Ed Engel has upgraded his rating on Circle (CRCL) to Neutral from Sell, acknowledging its shift toward behaving like a crypto market proxy. Despite the upgrade, Engel maintains a low price target of $60, citing ongoing valuation concerns and competition. The move follows a similar revision by Mizuho's Dan Dolev and comes as USDC's supply has declined.
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Blink Charging has launched cryptocurrency payments at two DC fast-charging stations in Florida, allowing electric vehicle drivers to use USD Coin instead of traditional methods. The company plans to expand this option to more locations across the US through 2026. This move aims to provide greater payment flexibility in the evolving EV infrastructure.