Cobo Launches Payment Incentive Settlement Layer ACL, Open to Public Chains, Stablecoin Issuers, and Payment Institutions

Odaily News: Digital asset custody and wallet solution provider Cobo has launched the Adoption Clearing Layer (ACL), which is open to public chains, stablecoin issuers, and payment institutions. The aim is to collaborate with more ecosystem partners to build a stablecoin payment network based on real transactions.

ACL provides multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets with real payment transactions to form a transaction-centric growth loop. The first batch of ACL partners includes Aptos and Morph. Transactions processed through ACL can receive up to 15bps in rebates per transaction—helping ecosystem participants increase real on-chain transaction volume while providing payment institutions with a sustainable revenue source.