Citi: Restrictions on stablecoin rewards may slow down, but will not pose a fundamental threat to Circle

Goldman Sachs reports that Citibank states the proposed restrictions on stablecoin rewards in the latest U.S. market structure legislation draft will impact Circle (CRCL), but will not pose a fundamental threat to its investment prospects. Citibank has a high risk rating for Circle stock with a target price of $243. As of press time, the stock price is approximately $100.

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