Analysts at the research and brokerage firm Bernstein have projected that Circle Internet Group's USDC stablecoin will be a primary beneficiary of the new U.S. stablecoin regulations. In a note to clients on Tuesday, analysts led by Gautam Chhugani stated that they anticipate USDC's market share to increase to 33% by the end of 2027, a rise from its current 29%. This growth is expected to be supported by the recently passed GENIUS Act, which establishes a federal framework for payment stablecoins and is seen as favoring U.S.-based issuers like Circle. Bernstein's forecast suggests that the total stablecoin market could expand to $670 billion by the end of 2027, with Circle's share translating to $220 billion in USDC supply. The analysts reiterated their 'outperform' rating and a $230 price target for CRCL stock. Separately, William Blair initiated coverage of Circle with an 'Outperform' rating. There was no specific analysis of market reaction to these announcements in the provided search results.