Circle, which tried to go public four years ago but had to call off its deal, finally listed Thursday on the New York Stock Exchange with shares opening at $69, more than double its $31 IPO price. The stock soared by 235% to a high of $103.

Circle's stock (CRCL) is still gaining on Friday after it exploded higher in its first day of trading, rising as much as 200% in Thursday's session after the stablecoin issuer's long-anticipated public market debut.

Circle stock rose as much as 235% in its first day as a public company. The stablecoin market is having a moment, also getting attention from lawmakers.