Breakingviews - Prioritize a digital euro over banking interests
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2025
0mins
Source: Reuters
Digital Euro Initiative: The European Central Bank (ECB) is accelerating plans for a digital euro to counter the rise of U.S. dollar-based stablecoins and the decline of cash usage, aiming to create a public online payment system that could enhance monetary sovereignty in the euro zone.
Banking Concerns and Design Challenges: While the digital euro could attract users away from traditional banks, concerns exist about its potential impact on bank deposits. The ECB is considering limits on digital euro holdings and the connection to bank accounts, with suggestions to increase limits to make the digital euro more appealing to consumers.
Analyst Views on CRCL
Wall Street analysts forecast CRCL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRCL is 143.07 USD with a low forecast of 65.00 USD and a high forecast of 280.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
10 Buy
4 Hold
3 Sell
Moderate Buy
Current: 71.350
Low
65.00
Averages
143.07
High
280.00
Current: 71.350
Low
65.00
Averages
143.07
High
280.00
About CRCL
Circle Internet Group, Inc. is a global financial technology company. It operates as a platform, network, and market infrastructure for stablecoin and blockchain applications and the issuer of a United States dollar-denominated stablecoin, USDC and a euro-denominated stablecoin, EURC (collectively Circle stablecoins). It provides a stablecoin network and a range of blockchain-specific software infrastructure. Its product offerings include Stablecoins, Developer Services, Integration Services, and Tokenized Funds. Developer Services develops an array of developer-ready and enterprise-grade infrastructure services that developers can plug into their own applications. It connects and integrates products, such as USDC across blockchain networks. Its Tokenized Funds are regulated yield-bearing investments for collateral use in capital markets. It also offers liquidity services, which provides institutional minting, reserving, redemption, and foreign exchange services for Circle stablecoins.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
