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Cobo releases the Payment Incentive Settlement Layer ACL, open to public chains, stablecoin issuers, and payment institutions
ME News News, April 16 (UTC+8), digital asset custody and wallet solution provider Cobo announced the Adoption Clearing Layer (ACL), which is open to public chain projects, stablecoin issuers, and payment institutions, aiming to collaborate with more ecosystem partners to build a stablecoin payment network based on real transactions. ACL offers multi-chain payment routing and incentive settlement capabilities, directly linking ecosystem incentive budgets with real payment transactions to create a transaction-centric growth loop. The first batch of ACL partners includes Aptos and Morph, with transaction rebates of up to 15 basis points per transaction through ACL—helping ecosystem participants increase real on-chain transaction volume and providing payment institutions with a sustainable revenue source. (Source: ODAILY)