Gate News Report, March 12 — Circle’s recent stock performance has been strong, significantly outperforming other crypto-related companies. William Blair analysts noted that since the February low, Circle’s stock has risen about 126%, reflecting not only macroeconomic factors but also the resilience of USDC market share and Circle’s leading position in stablecoin infrastructure. The analysts believe the market is beginning to recognize stablecoins as a core layer of global payment infrastructure, with USDC potentially becoming one of the few dominant standards for cross-border payments, thanks to its liquidity, first-mover advantage, and cross-chain integration capabilities. Additionally, the growth of Circle’s payments and infrastructure ecosystem activities indicates that a stablecoin-based settlement market is gradually taking shape. William Blair maintains an outperform rating on Circle’s stock, stating that the recent rebound highlights investor confidence in the company’s core business model and technological barriers.