--- title: "This crypto stocks is the best proxy for stablecoin upside" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/280234353.md" description: "Investors are increasingly looking at Coinbase (COIN) and Circle Internet Group (CRCL) as the best proxies for stablecoin adoption, particularly USD Coin (USDC). Despite a weak crypto market, stablecoins are experiencing strong growth in supply and transaction volumes. Analysts suggest that the investment case for stablecoins is becoming independent of crypto trading cycles, viewing it as a rapidly growing financial services category. While new use cases like machine-to-machine payments are emerging, the focus remains on expanding real-world payments, with USDC positioned favorably due to its liquidity and regulatory advantages." datetime: "2026-03-24T00:01:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280234353.md) - [en](https://longbridge.com/en/news/280234353.md) - [zh-HK](https://longbridge.com/zh-HK/news/280234353.md) --- > 支持的语言: [English](https://longbridge.com/en/news/280234353.md) | [繁體中文](https://longbridge.com/zh-HK/news/280234353.md) # This crypto stocks is the best proxy for stablecoin upside Investing.com - These crypto firms are emerging as the clearest proxies for rising stablecoin adoption, as investors look beyond volatile token prices and toward payment and financial infrastructure.Bernstein sees Coinbase (COIN) and Circle Internet Group (CRCL) as the most direct ways to gain exposure, tied to their role in issuing and distributing USD Coin (USDC).Coinbase, which shares economics from USDC reserves and usage, “remains the best proxy for stablecoin upside.” Stablecoins are showing strong underlying growth even as broader crypto markets remain weak. Supply and transaction volumes are at record levels, with payment use cases expanding across cross-border transfers, remittances and card-linked products.Analysts argue that the investment case for stablecoins is increasingly independent of crypto trading cycles, describing the segment as a “hyper-growth financial services category” rather than a subset of digital assets.New use cases, such as machine-to-machine payments, could add optional upside. Companies including Stripe and Coinbase are building protocols that allow software agents to transact autonomously using stablecoins. However, adoption remains early, with limited transaction volumes so far.The brokerage cautions that machine payments are not yet a core driver of demand and should be seen as a long-term option rather than a near-term catalyst.Instead, the near-term thesis rests on expanding real-world payments. Stablecoins enable low-cost, near-instant settlement and support micro-transactions that are difficult to process through traditional rails, potentially opening new business models.Within this framework, USDC is positioned to gain share due to its liquidity and regulatory standing, which analysts view as key advantages as the market scales.The firm’s conclusion is that investors seeking exposure to the theme should focus on companies embedded in stablecoin infrastructure rather than broader crypto proxies, with Coinbase and Circle at the center of that trade. ### 相关股票 - [ProShares Bitcoin Strategy ETF (BITO.US)](https://longbridge.com/zh-CN/quote/BITO.US.md) - [Amplify Transform Data Sharing ETF (BLOK.US)](https://longbridge.com/zh-CN/quote/BLOK.US.md) - [21Shares Ethereum ETF (CETH.US)](https://longbridge.com/zh-CN/quote/CETH.US.md) - [Proshares Ether Strategy ETF (EETH.US)](https://longbridge.com/zh-CN/quote/EETH.US.md) - [Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN.US)](https://longbridge.com/zh-CN/quote/BLCN.US.md) - [Circle (CRCL.US)](https://longbridge.com/zh-CN/quote/CRCL.US.md) - [iShares Bitcoin Trust ETF (IBIT.US)](https://longbridge.com/zh-CN/quote/IBIT.US.md) - [Direxion Daily Crypto Industry Bull2XETF (LMBO.US)](https://longbridge.com/zh-CN/quote/LMBO.US.md) - [Grayscale Ethereum Mini Staking ETF (ETH.US)](https://longbridge.com/zh-CN/quote/ETH.US.md) - [Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)](https://longbridge.com/zh-CN/quote/BTF.US.md) - [VanEck Ethereum ETF (ETHV.US)](https://longbridge.com/zh-CN/quote/ETHV.US.md) - [ARK 21Shares Bitcoin ETF (ARKB.US)](https://longbridge.com/zh-CN/quote/ARKB.US.md) - [VanEck Bitcoin ETF (HODL.US)](https://longbridge.com/zh-CN/quote/HODL.US.md) - [Invesco Galaxy Bitcoin ETF (BTCO.US)](https://longbridge.com/zh-CN/quote/BTCO.US.md) - [WisdomTree Bitcoin Fund (BTCW.US)](https://longbridge.com/zh-CN/quote/BTCW.US.md) - [IShares Ethereum Trust ETF (ETHA.US)](https://longbridge.com/zh-CN/quote/ETHA.US.md) - [Fidelity Ethereum Fund (FETH.US)](https://longbridge.com/zh-CN/quote/FETH.US.md) - [Franklin Ethereum ETF (EZET.US)](https://longbridge.com/zh-CN/quote/EZET.US.md) - [Bitwise Bitcoin ETF (BITB.US)](https://longbridge.com/zh-CN/quote/BITB.US.md) - [Bitwise Ethereum ETF (ETHW.US)](https://longbridge.com/zh-CN/quote/ETHW.US.md) - [CoinShares Bitcoin ETF (BRRR.US)](https://longbridge.com/zh-CN/quote/BRRR.US.md) - [Franklin Bitcoin ETF (EZBC.US)](https://longbridge.com/zh-CN/quote/EZBC.US.md) - [Fidelity Wise Origin Bitcoin Fund - ETF (FBTC.US)](https://longbridge.com/zh-CN/quote/FBTC.US.md) - [Invesco Galaxy Ethereum ETF (QETH.US)](https://longbridge.com/zh-CN/quote/QETH.US.md) - [Coinbase (COIN.US)](https://longbridge.com/zh-CN/quote/COIN.US.md) ## 相关资讯与研究 - [FX payments startup OpenFX raises $94 million amid cross-border stablecoin push](https://longbridge.com/zh-CN/news/281164502.md) - [Circle Group’s eXyond boosts infomobility reach with QMAP acquisition](https://longbridge.com/zh-CN/news/281191222.md) - [Top Circle Executive Makes Major Move With Company Stock](https://longbridge.com/zh-CN/news/281671607.md) - [Stablecoin card issuing infrastructure platform Kulipa raises $6.2 million seed round](https://longbridge.com/zh-CN/news/281398434.md) - [OpenPayd powers fiat infrastructure for First Digital’s expanding stablecoin and digital asset ecosystem](https://longbridge.com/zh-CN/news/281141319.md)