The U.S.-based issuer of one of the most popular cryptocurrencies made its debut on the New York Stock Exchange on Thursday and quickly saw its value soar amid heavy interest from crypto enthusiasts and investors.

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.

Key Takeaways Circle Internet Group shares continued to climb Friday after soaring 168% in their debut on the New York Stock Exchange yesterday.The stock began trading Thursday at $69 each, more than double the increased initial public offering price.