Stablecoins - Tapbit News

Jefferies Warns: Stablecoins Are Eating Traditional Bank Profits as the Trillion-Dollar Migration Begins

2026-03-11 by yunying

The narrative surrounding digital assets is undergoing a fundamental structural shift. Cryptocurrency is no longer just about volatile price discovery; it is about replacing legacy financial plumbing. According to a newly released research note from Wall Street investment bank Jefferies, the explosive growth of the stablecoin market is actively eroding the profit moats of traditional … Read more

Why Wall Street Sees 60% Upside in Circle (CRCL): Stablecoins, AI Agents, and the Next Fintech Frontier

2026-03-11 by yunying

While the broader market remains fixated on Bitcoin’s latest price action, institutional capital is quietly pivoting toward the underlying infrastructure of Web3. In a recent note to clients, brokerage firm Bernstein projected a massive 60% upside for Circle (CRCL), the issuer behind the USDC stablecoin, setting a target price of $190. Given that Circle’s stock … Read more

Circle Is Still Near $100. That Changes the Post-Earnings Story.

2026-03-042026-03-04 by yunying

Circle is still trading near $100, and that matters more than the first post-earnings spike. The first move was easy to explain. It looked like a short squeeze: fast, crowded, and hard to tie only to fundamentals. But once a stock keeps returning to the same level after that kind of jump, the story starts … Read more

Trump vs. Banks: Why the Fight Over Stablecoin Rewards Could Decide America’s Next Crypto Law

2026-03-042026-03-04 by yunying

President Donald Trump has now tied the next phase of U.S. crypto legislation directly to his broader political message. In a Truth Social post, Trump said the GENIUS Act was being “threatened and undermined by the Banks,” accused banks of trying to hold the CLARITY Act “hostage,” and argued that failing to move market-structure legislation … Read more