Stablecoin issuer Circle Internet Group Inc.’s stock stayed hot on Friday, in its second session of trading, and helped sparked gains in shares of other cryptocurrency-related companies. A lift also came from Robinhood Market Inc.

By Arasu Kannagi Basil (Reuters) -Stablecoin issuer Circle Internet's shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the New York Stock Exchange a day earlier. New York-based Circle's stock went as high as $123.

The shares of the stablecoin giant Circle surged on its first day as a public company. In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).