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 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.

The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 billion.