Stablecoin issuer Circle Internet Group is seeing its stock (NYSE: CRCL) rise yet again. Shares in the company are up more than 7% in early morning as of the time of this writing. At one point, shares were up as much as 10% after markets opened.

Circle Internet Group has been riding an enormous wave of momentum. That looks set to continue now that the company reported revenue for the second quarter that topped Wall Street’s forecasts. The stock ended the day up more than 1%,

Circle Internet went public in June. The stablecoin issuer reported its first financial result today -- a $4.48-per-share loss. Circle's guidance for the rest of the year isn't particularly helpful to investors.