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Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly
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Circle renews Coinbase deal creating two ways to challenge Coinbase’s USDC payouts, but neither works quickly
Circle's renewed agreement with Coinbase preserves the existing economics around USDC for another three-year term and, starting Aug. 18, made two notice-and-cure remedies available if Coinbase misses defined support thresholds. The filed agreement gives Circle leverage over separate parts of Coinbase's payout, but it operates in stages. A product-support failure carries a 60-day cure window. A reseller failure carries a 90-day window. Circle mus…
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