Crypto analysts at Bernstein predict Circle’s USDC will become the biggest winner under America’s new stablecoin regulations, with its supply expected to nearly triple within two years. USDC’s market share is projected to climb to 33% by 2027 from 29% today, boosted by growing demand for regulated, dollar-backed tokens and strong integrations with major crypto exchanges like Coinbase, Binance, and OKX.

Backed by full reserves, daily disclosures, and independent audits, USDC is seen as the most compliant stablecoin. The recently passed GENIUS Act, which limits foreign issuers and classifies stablecoins as digital cash, further strengthens Circle’s edge. Bernstein expects the stablecoin market to soar to $670 billion by 2027, with USDC capturing about $220 billion of that total.

Circle’s revenue is forecast to grow 47% annually, powered by a 71% surge in USDC supply and expanding use in cross-border payments and financial services. Analysts see digital dollars becoming core to global payments, with USDC leading the charge.