{"component": "definition", "props": {"groups": [{"size": 7, "snippet_links": [{"key": "digital-asset", "type": "definition", "offset": [10, 23]}, {"key": "to-maintain", "type": "clause", "offset": [33, 44]}, {"key": "stable-value", "type": "definition", "offset": [47, 59]}, {"key": "fiat-currency", "type": "definition", "offset": [99, 112]}], "snippet": "means any Digital Asset designed to maintain a stable value relative to a reserve asset, such as a fiat currency or exchange-traded commodity.", "samples": [{"hash": "MT6La1WOpD", "uri": "https://www.heise.de/downloads/18/4/6/8/5/5/6/2/e8742d32-358e-45b3-986a-1e328d2b18ff.pdf", "label": "www.heise.de", "score": 19.4721393585, "published": false}, {"hash": "9IWFyQtgXCB", "uri": "https://dd80b675424c132b90b3-e48385e382d2e5d17821a5e1d8e4c86b.ssl.cf1.rackcdn.com/external/14300.pdf", "label": "dd80b675424c132b90b3-e48385e382d2e5d17821a5e1d8e4c86b.ssl.cf1.rackcdn.com", "score": 19.1817569733, "published": false}, {"hash": "KRmFZCh8G9", "uri": "https://www.pwc.com/bs/en/services/business-restructuring-ftx-digital-markets/assets/first-amended-joint-chapter-11-plan-or-reorganization-of-ftx-trading-ltd-and-its-debtor-affiliates.pdf", "label": "www.pwc.com", "score": 19.1611003876, "published": false}], "hash": "02233efd2496a6527cbbb09487e38343", "id": 1}, {"size": 7, "snippet_links": [{"key": "fiat-currency", "type": "definition", "offset": [63, 76]}, {"key": "the-issuer", "type": "definition", "offset": [91, 101]}, {"key": "one-unit", "type": "definition", "offset": [199, 207]}], "snippet": "means a cryptocurrency that is pegged to a specific underlying fiat currency and for which the issuer maintains at least one-to-one reserves such that each coin is fully backed by and redeemable for one unit of the underlying fiat currency.", "samples": [{"hash": "iPvOf4STJnM", "uri": "/contracts/iPvOf4STJnM#stablecoin", "label": "Collaboration Agreement (Circle Internet Group, Inc.)", "score": 36.247089386, "published": true}, 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the Parties do not agree on the terms for such renewal by the applicable Determination Date, then if the Threshold Criteria for an Applicable <strong>Stablecoin</strong> have been met with respect to each Party as of the Determination Date, this Agreement shall automatically renew with respect to such Applicable <strong>Stablecoin</strong> for an additional three (3) year Renewal Term.", "For the avoidance of doubt, if the Threshold Criteria have not been met in their entirety for an Applicable <strong>Stablecoin</strong> by the Issuer Party with respect to such Applicable <strong>Stablecoin</strong>, any termination of this Agreement with respect to such Applicable <strong>Stablecoin</strong> upon expiration of the then-current Term will be at the Reseller Party\u2019s election in its sole discretion.", "If the Threshold Criteria have not been met in their entirety for an Applicable <strong>Stablecoin</strong> by the Reseller Party, and the Parties do not reach mutual agreement with respect to renewal of this Agreement upon the expiration of the then-current Term with respect to such Applicable <strong>Stablecoin</strong>, then Sections 3.2(c), 3.2(d) and 3.4 shall apply.", "If Coinbase delivers a New <strong>Stablecoin</strong> Notice to Circle, Circle may notify Coinbase in writing (the \u201c<strong>Stablecoin</strong> ROFR Notice\u201d), within fifteen (15) calendar days of Circle\u2019s receipt of such New <strong>Stablecoin</strong> Notice, that it or one of its Affiliates wishes to launch such New <strong>Stablecoin</strong> using the associated Licensed Marks.", "If either Party or any of its Affiliates transfers or assigns its business related to any Covered <strong>Stablecoin</strong> to any third party, such Party shall cause such transferee or assignee to agree to assume the obligations of this Agreement with respect to such Covered <strong>Stablecoin</strong>.", "For the avoidance of doubt, if the Gross Royalty Payment Base for any Licensed <strong>Stablecoin</strong> in any Applicable Month is not sufficient to fund the full Retention for such Applicable Month, the shortfall with respect to the Retention shall not accrue, and Circle shall not be entitled to carry forward to the next Applicable Month such shortfall nor add such shortfall for such Applicable Month to the Retention for the next Applicable Month.", "Any payments to such Ecosystem Participant will reduce the Royalty Payment Base in calculating the Residual Royalty Payment Base for the relevant Licensed <strong>Stablecoin</strong> in the priority mutually agreed in writing by the Parties.", "If Circle delivers a <strong>Stablecoin</strong> ROFR Notice to Coinbase, Circle and its Affiliates shall have the first right to launch such New <strong>Stablecoin</strong> pursuant to Section 6.3.", "Notwithstanding the foregoing, the applicable Issuer Party shall provide the WACC to the applicable Reseller Party prior to the effectiveness of such WACC and must obtain such Reseller Party\u2019s prior written agreement to the WACC for such WACC to become effective with respect to a given Applicable <strong>Stablecoin</strong>."], "related": [["cannabis-flower", "Cannabis flower", "Cannabis flower"], ["pistol", "Pistol", "Pistol"], ["burswood-casino", "Burswood Casino", "Burswood Casino"], ["esbd", "ESBD", "ESBD"], ["str", "\u20acSTR", "\u20acSTR"]], "related_snippets": [], "updated": "2026-03-11T05:19:41+00:00"}, "json": true, "cursor": ""}}