Seeking Alpha upgraded Circle Internet Group (CRCL) to a "Buy," arguing the stock has become undervalued following a recent price dip. The analysis highlighted the company's strong third-quarter performance, which included a 12.4% quarter-over-quarter revenue increase and growth in USDC stablecoin circulation from $61.3 billion to $71.3 billion. The report suggests that at its current price of around $78 per share, the company presents a good value. Despite potential headwinds from Federal Reserve rate cuts that could pressure yields, the firm's audited reserves and expanding use cases for its stablecoin are seen as strong secular tailwinds supporting a positive investment thesis.