Morph announces Cobo as the first partner in its $150 million payment acceleration program. The two parties will deepen existing cooperation by routing institutional stablecoin transactions through Morph's optimized Layer 2 payment network. Cobo will bring its custody and wallet infrastructure, supporting over 80 blockchains, to help Morph expand network institutional transaction volume. This performance-based accelerator program aims to incentivize partners to bring verified stablecoin payment volumes to the Morph mainnet, with target areas including crypto cards, cross-border remittances, and payment gateways.
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Morph announces Cobo as the first partner in its $150 million payment acceleration program. The two parties will deepen existing cooperation by routing institutional stablecoin transactions through Morph's optimized Layer 2 payment network. Cobo will bring its custody and wallet infrastructure, supporting over 80 blockchains, to help Morph expand network institutional transaction volume. This performance-based accelerator program aims to incentivize partners to bring verified stablecoin payment volumes to the Morph mainnet, with target areas including crypto cards, cross-border remittances, and payment gateways.