The agreement with Circle, updated in August 2023, is crucial for USDC-related revenue. The partnership has specific renewal conditions and restructuring clauses, indicating a potential point of failure or renegotiation risk that could impact a key part of their business.
Filing excerpt
In August 2023, we entered into an updated arrangement with Circle to (i) support USDC; (ii) help drive long-term success of the stablecoin ecosystem; and (iii) share in the economics of the reserves backing stablecoins in circulation both on and off our platform (the “Circle Agreement”).
What this signalsFilings often name leadership changes, deals and spending plans.
Technologies
Vendors
Vendors named
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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/4a5bf71f-760b-4a7d-83d0-769d1e5a5135 returns this record as JSON. POST /v1/companies/enrich returns every signal for coinbase.com.
{
"signal_id": "4a5bf71f-760b-4a7d-83d0-769d1e5a5135",
"signal_type": "sec-10k",
"signal_subtype": "supplierConcentration",
"detected_at": "2026-02-17T06:31:07.781+00:00",
"company": {
"name": "Coinbase",
"domain": "coinbase.com"
},
"data": {
"detail": "The agreement with Circle, updated in August 2023, is crucial for USDC-related revenue. The partnership has specific renewal conditions and restructuring clauses, indicating a potential point of failure or renegotiation risk that could impact a key part of their business.",
"metrics": {
"timeframe": "multi_year"
},
"summary": "Critical revenue stream dependent on 3-year partnership with Circle for USDC stablecoin.",
"excerpts": "In August 2023, we entered into an updated arrangement with Circle to (i) support USDC; (ii) help drive long-term success of the stablecoin ecosystem; and (iii) share in the economics of the reserves backing stablecoins in circulation both on and off our platform (the “Circle Agreement”).",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1679788/000167978826000015/coin-20251231.htm",
"filing_date": "2026-02-12",
"filing_year": 2026,
"fiscal_year_end": "12/31",
"sales_relevance": "Risk management needed",
"signal_category": "market",
"vendors_mentioned": [
"Circle Internet Financial, LLC"
],
"technologies_mentioned": [
"stablecoin"
]
}
}
curl https://signals.autobound.ai/v1/signals/4a5bf71f-760b-4a7d-83d0-769d1e5a5135 \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"coinbase.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.