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

Circle Internet Group Inc.’s shares rose as much as 17% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.

Things keep getting spicier for Circle (CRCL) stock. Following the Senate’s landmark stablecoin vote a couple of days ago, the crypto sphere is still buzzing with momentum. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵 After years of regulatory uncertainty,