Shares of the first publicly-traded stablecoin company Circle continued to surge on Friday after the Senate passed legislation that would establish a regulatory framework for stablecoins, a type of cryptocurrency designed to maintain a value in line with the U.

An analyst projects revenue growth of up to 30% a year for Circle Internet, helping it outpace other fintechs.

Circle’s stock rocketed 34% on Wednesday, closing at $199.59 after the U.S. Senate passed a groundbreaking stablecoin bill. In after-hours trading, the rally continued with shares adding another 6.1% to reach $211.