[Coinbase CFO: USDC distribution contract with Circle will automatically renew every three years, never terminating] Odaily Planet Daily News - Coinbase Chief Financial Officer Alesia Haas stated during this morning's earnings call: 'I want to quickly remind everyone here that our USDC contract (note: referring to the distribution agreement with Circle) automatically renews every three years and is perpetual (into perpetuity). This contract cannot be terminated.' Coinbase Chief Legal Officer Paul Grewal also commented: 'Fortunately, the terms of the contract we signed with Circle have already been finalized, and as Alesia Haas emphasized, these contracts automatically renew. We anticipate continuing our partnership with Circle under the same terms in the future.'