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DeFiSource: Crypto Economy ·

Mizuho Cuts Circle Target to $43, Warns AI Agents Could Pressure Reserve Revenue

Mizuho cut Circle’s price target to $43 from $45, maintaining Underperform and warning AI agents could pressure USDC balances and reserve revenue. The brokerage sees $4 billion to $9 billion of potential USDC market-cap downside and a 10% to 20% medium-term reserve-revenue risk.

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