Svmuu 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.
Cobo Launches Payment Incentive Settlement Layer ACL, Open to Public Chains, Stablecoin Issuers, and Payment Institutions
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
-
2
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
3
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
4
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
-
5
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
-
6
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
-
7
Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
-
8
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
9
DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
-
10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
Markets Today
Recommended Reading


